North Carolina — Waiver and Release of Liability is a legal document used to waive or release liability for any potential claims against a party or parties. This document is often used in the case of a potential lawsuit, or other legal dispute, and serves as a preemptive measure to prevent the other party from filing a lawsuit. There are two main types of North Carolina — Waiver and Release of Liability: a general release and a limited release. A general release of liability is a waiver of all claims, past and present, which may arise out of the transaction or relationship between the parties. A limited release of liability is a waiver of only certain claims, such as those arising out of specific circumstances or events. In both cases, the parties must agree to the waiver in writing and sign the document to make it legally binding.