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If the risks are specifically outlined in the waiver, chances are you will experience them. If nothing else, reading the waiver will prepare you for the activity, which may help you avoid injuries. The document will also state that signing the waiver releases the company of any injury liability.
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.
Generally, a liability waiver document is a legally binding agreement that relinquishes the right of one party to pursue legal remedy for injuries accrued on the property, regardless of fault involved.
Liability waivers are enforceable in California solely to the extent they shift to the customer the risk of ordinary negligence. Under California law, a liability waiver cannot excuse an injury caused by a defendant's gross negligence, recklessness or intentionally wrongful act.
Under New Hampshire law, exculpatory releases or liability of waivers are generally prohibited unless they are not contrary to public policy, and the release is specific and clear. Courts typically find releases to violate public policy if it interferes with public welfare or safety.
A liability waiver, or release waiver, is a legal document that a company or organization requires members of the public to sign in order to protect their organization from being sued if you sustain an injury.
Additionally, to be enforceable in California a waiver of liability must be clear, unambiguous, and explicit in expressing the parties' intent. This means waivers printed in faint or small font, or in an inconspicuous place (deep in a document, on the back of a page, etc.), are less likely to be held enforceable.
As tempting as it may be, you should never write your own liability waiver. Unless you're a fully qualified lawyer with experience in this area, it's likely that you'll omit critical language that puts your business at risk for lawsuits.
How long do I keep signed waivers? The sponsoring unit is required to retain the waiver for six (6) years after the end of the event or activity for which the waiver was signed.