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U.S. Legal Forms offers waiver and release forms for many types of activities and events. A waiver and release form is typically used to protect a business or person from liability for dangerous activities by allowing the participant to sign a release before participating. Download in Word format and preview online before you purchase. Forms are provided for both adults and minors.
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A liability waiver is an essential document today for most businesses, due to the litigious society we live in. The liability of a business increases the more dangerous the activities involved are. A form of waiver of liability can also be used for product liability, as well as activities creating liability in business. A waiver of liability will typically protect a business if properly drafted and knowingly signed. However, a liability form template can't avoid general liability when there's gross negligence, willful, or reckless misconduct involved. Even if liability coverage is provided by an insurer, it's always wise to get a signed waiver form to protect your business interests and avoid lawsuits.
Asking "what is a waiver" is the same as asking "what is a release"? Both relieve the entity involved from being held responsible and paying for harm due to ordinary negligence or errors. A waiver and release of liability for a skydiving business will have different language included than one for an accountant. A clause for indemnifying or reimbursing the business against any losses can be included. In such cases, it may be also referred to as a hold harmless agreement. A hold harmless agreement not only is a release from liability, but also provides for reimbursement against losses or damage.
Because the liability waiver example varies according to the type of activity or product involved, it must be drafted with the appropriate legal terminology. The legal terms required can be very particular, especially in the case of a parent signing on behalf of a minor, or when hazardous activities are involved. A waiver for liability that's professionally drafted is much more likely to be enforced in court. A liability waiver that's specific to the type of business activity or product involved is preferable to a general liability form template. Both parties should be sign the liability waiver form to be legally enforceable.
US Legal Forms offers a sample of liability waiver in stand-alone format. By using a waiver of liability form that's a separate document, it's more likely to be upheld in court. Our template forms can be easily downloaded and filled out in Word format. A sample of a waiver can be previewed for free before downloading.