This form is a release in full of all debts, liens, claims, rights, demands, actions, causes of action, known or unknown, whether in contract, tort or otherwise. This form also contains a waiver of California Civil Code § 1542.
Fontana Unilateral Release — Release with waiver of California Civil Code Sect. 1542 is a legal document used in the state of California to release one party from liability for any past or future claims that may arise from a certain transaction or event. It incorporates a waiver of Section 1542 of the California Civil Code, which is an important provision that should be understood by all parties involved. Section 1542 of the California Civil Code states that a general release does not extend to claims that the releasing party does not know or suspect to exist at the time of executing the release, which, if known, would have materially affected their decision to release. In other words, without a waiver of Section 1542, a party may unknowingly release the other party from certain claims that were not within their knowledge or were not suspected. The Fontana Unilateral Release — Release with waiver of California Civil Code Sect. 1542 is typically used in various legal situations, including but not limited to: 1. Settlement Agreements: When parties involved in a legal dispute reach a settlement, they may use this release to ensure that any claims arising out of the dispute are fully released, even if they are unknown or unforeseen at the time of signing. 2. Employment Contracts: Employers may use this type of release when hiring new employees or terminating existing ones. It protects them from potential future claims that the employee may have against the company, such as claims related to discrimination, wrongful termination, or harassment. 3. Real Estate Transactions: This release is often utilized in real estate agreements, such as purchase agreements, lease agreements, or construction contracts. It releases the parties from any possible claims that may arise in the future, such as claims for defects, property damage, or unpaid taxes. 4. Business Contracts: When entering into business contracts, parties may include this release to protect themselves from any unknown or unforeseen claims that may arise during the course of their business relationship. It is important to note that the Fontana Unilateral Release — Release with waiver of California Civil Code Sect. 1542 should be carefully drafted, reviewed, and understood by all parties involved. It is always advisable to consult with an attorney to ensure that the release is legally binding and covers all the necessary areas of potential liability.
