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Example 4: Information releases. A liability waiver or release form is a legal contract entered into between a business and a participant in a businessrelated event.The Waiver must be clearly worded and unambiguous in its intent to relieve any and all legal liability, even liability for negligence. A Release of Liability can help you protect your business or organization should an incident occur. (NO MECHANICS LIEN AGENT APPOINTED - CONSTRUCTION RECENTLY COMPLETED). Get Liability Release Form Template forms free printable. With premium design and ready to print online . Once the release of liability agreement has been completed, simply have all parties sign and date to complete the document.