A release of liability form is a contract that is only valid under certain conditions. One or both parties hold the other harmless, which means they release the other from liability by acknowledging the risks associated with what they are about to do. Sometimes, these liability waivers are executed after an accident if the parties settle on a suitable outcome.
In this process, there is a releasor and releasee. The releasor signs the release of liability form, which relieves the releasee of any responsibility for damage or harm. Mutual releases are often exchanged after a business dispute, saving the parties from protracted litigation. If you have questions about a release of liability form anywhere in this state, a dedicated employee agreements attorney with S.T. Legal Group has answers. Call to meet with a Deerfield release of liability form lawyer today.
Generally, when a releasor signs a liability waiver, they agree not to sue the releasee. The elements contained in releases include:
A Deerfield attorney can elaborate on how contracts releasing someone of liability can benefit both parties in many situations. S.T. Legal Group provides comprehensive documentation for a company’s needs, ensuring contracts are deemed valid.
A release of liability form can be useful when a civil action is possible. After a car accident with no injuries, the releasor can agree not to sue in exchange for the releasee paying for the minor damage they caused. Releases are also commonly signed by people photographed or filmed in a public setting.
When an employee quits or is terminated from a job, the employer can ask for a release of liability based on any past, present, or future damage in exchange for payment.
All contracts, including liability waivers, must contain “consideration.” This is a bargained-for benefit that a party to the agreement gives up in exchange for something else of value from the other party. Consideration can be money, the performance of an action, or something else of legal value.
Without consideration, the agreement is unenforceable, and the bargain one party receives is considered a gift. This is illustrated by an employer who asks an independent contractor specializing in a specific service to sign a release of liability form in exchange for the job. A lawyer in Deerfield can explain why consideration is important when drafting release of liability forms.
A release of liability form is a cost-effective way to settle ongoing disputes or those that have not arisen but could, such as a terminated employee who is angry enough to retaliate by bringing a groundless lawsuit after being encouraged by family or friends.
No matter where you are in this state, the attorneys at S.T. Legal Group can meet your need for business documents. Failing to solidify contracts, records, and agreements into writing could require legal intervention to settle disputes. We offer case evaluations and consultations so you understand exactly what your legal needs are and how a Deerfield release of liability form lawyer can fulfill them. Contact us today to schedule a consultation and learn more.
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