Waiver, Release, Assumption of Risks and Indemnity Agreement - Participation in Water Sports

State:
Multi-State
Control #:
US-01960BG
Format:
Word
Instant download

Overview of this form

The Waiver, Release, Assumption of Risks and Indemnity Agreement - Participation in Water Sports is a legal document that protects facility owners and operators from liability when participants engage in water sports. By signing this waiver, individuals voluntarily relinquish certain legal rights, including the right to sue for injuries sustained due to participation. Unlike other agreements, this document specifically addresses risks associated with water sports and outlines both parties' responsibilities.

What’s included in this form

  • Identification of the Releasee (facility owner) and Releasor (participant).
  • Definition of "Water Sports," including specific activities like skiing and boating.
  • Section acknowledging the inherent risks involved in water sports.
  • Release of liability which waives claims against the Releasee for injuries.
  • Indemnity clause requiring the Releasor to cover costs resulting from claims by third parties.
  • Governing law and arbitration clause specifying how disputes will be resolved.
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Common use cases

This form should be used whenever an individual wishes to participate in water sports organized by a facility or rental service. It is particularly relevant in settings where activities like jet skiing, wakeboarding, or other water-related experiences are conducted. By signing this waiver, participants acknowledge the risks and agree to hold the facility harmless in case of injury.

Who needs this form

  • Individuals aged eighteen or older wishing to participate in water sports activities.
  • Parents or guardians signing on behalf of minors participating in water sports.
  • Facility operators or owners providing water sports services and requiring liability protection.

How to prepare this document

  • Identify the date of the agreement and the names/addresses of both the Releasee and Releasor.
  • Clearly define the area where the water sports will take place.
  • Read and understand the safety guidelines and risk acknowledgments.
  • Sign the agreement, ensuring all parties understand that they are waiving certain legal rights.
  • If signing on behalf of a minor, include the parent or guardian's signature, acknowledging their responsibility.

Notarization guidance

This form does not typically require notarization to be legally valid. However, some jurisdictions or document types may still require it. US Legal Forms provides secure online notarization powered by Notarize, available 24/7 for added convenience.

Mistakes to watch out for

  • Not reading the entire agreement thoroughly before signing.
  • Failing to specify the location of the water sports activities.
  • Overlooking the parent or guardian's signature for minors.
  • Assuming verbal agreements override the written waiver.
  • Neglecting to complete all fields, such as dates and addresses.

Why use this form online

  • Convenience of downloading and printing the form immediately.
  • Editability allows users to fill out fields directly before printing.
  • Reliability of having a legally vetted document drafted by licensed attorneys.
  • Access to guidance on completing the form correctly, reducing errors.

Legal requirements by state

This form is a general form that can be adapted for use in different states. Since each state has its own laws, make any needed updates before completing it.

Summary of main points

  • Completing this waiver is essential for participating in water sports to acknowledge risks and relinquish certain rights.
  • Both participants and facility operators are protected under this agreement, facilitating a safer experience.
  • Always ensure the form is filled out completely and correctly to avoid potential legal issues in the future.

Form popularity

FAQ

The first sentence should state In consideration of being allowed to participate . . . . A waiver/release is not a valid contract unless all parties receive consideration, which is a fancy way of saying something of value.

In California, a liability waiver must be clear, unambiguous, and explicit. In other words, waivers cannot be printed in faded ink, in small font, on the back of a paper, or in an otherwise ambiguous form. If the waiver that you sign is not represented clearly, it may not hold up in the event of a lawsuit.

In California, a liability waiver must be clear, unambiguous, and explicit. In other words, waivers cannot be printed in faded ink, in small font, on the back of a paper, or in an otherwise ambiguous form. If the waiver that you sign is not represented clearly, it may not hold up in the event of a lawsuit.

A waiver/release is an exculpatory contract that attempts to excuse or relieve a party, for injuries to a participant that arise out of the known and unknown risks in an activity.

A waiver is not complete until it includes the signatures of both the event host and business owner and that of the participant. The date should also be included alongside the signatures. You may also include a signature line for a witness if necessary.

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.

The main difference between releases and waivers is the transferring of ownership. When rights are released, they are transferred to another party. When rights are waived, they are gone altogether. If intellectual property rights are waived, the IP can be used by any other party that has access to it.

Get help. Writing a waiver should not be complicated. Use the correct structure. Proper formatting. Include a subject line. Include a caution! Talk about the activity risks. Do not forget an assumption of risk. Hold harmless.

A release and waiver agreement is an enforceable promise not to pursue legal action in exchange for compensation. The releasee gives money or some other form of compensation to the releasor, who then agrees not to press charges, sue, or take any other legal action against the releasee.

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Waiver, Release, Assumption of Risks and Indemnity Agreement - Participation in Water Sports