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A liability waiver, or release of liability, is a legal document that a company or organization has you sign in order to protect them from being sued in the event that you are injured.
Fact: You may still have a right to sue if you signed a waiver of liability. Before you assume that you have waived your right to hold a negligent company accountable, contact our office. While a waiver of liability is a contract, contracts can be found invalid by a Colorado court.
There are two main reasons a company will have you sign a liability waiver: 1) to document in writing that you have been warned of potential risks and 2) to remove their responsibility for injuries that arise from ordinary negligence.
Release of liability waivers are generally enforceable in Colorado. They are meant to warn people of the risks of an activity. They disclaim liability by getting people to agree to assume the risk of doing something. Liability waivers used to be used by recreational activity businesses.
Key Takeaways. A waiver is a legally binding provision where either party in a contract agrees to voluntarily forfeit a claim without the other party being liable. Waivers can either be in written form or some form of action.
In California, waivers of liability are generally enforceable so long as they have been drafted correctly, are explicit as to the scope of coverage, are legible and use high-visibility text, and do not illegally waive unknown or unrelated claims.
To sum it up, customers can still sue business owners even when they've signed a waiver to use the business.
Release of liability waivers are generally enforceable in Colorado. They are meant to warn people of the risks of an activity. They disclaim liability by getting people to agree to assume the risk of doing something. Liability waivers used to be used by recreational activity businesses.