A Release of Liability is a legal document that is used to transfer the risk of liability from one party to another. It is typically used in situations where one party may be exposed to potential risks or hazards, and the other party wishes to limit or eliminate their legal responsibility for any damages or injuries that may result from the activity or event.
A Release of Liability may be used in various contexts, such as in sports and recreational activities, rental agreements, and business contracts. The document outlines the terms and conditions of the agreement, including a clear description of the activity or event, an assumption of risks and responsibilities, a release of claims, and any other relevant provisions.