Make Fillable Legal Pennsylvania Product Liability Forms For Free

A release of liability, also known as a liability waiver or a hold harmless agreement, is a contract in which one party agrees not to hold another party liable for damages or injury. These contracts are common in fields that involve some risk to property, finances, or health.

Examples of waivers include the waiving of parental rights, waiving liability, tangible goods waivers, and waivers for grounds of inadmissibility. Waivers are common when finalizing lawsuits, as one party does not want the other pursuing them after a settlement is transferred.

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.

To build a waiver of liability: Choose a waiver template. Determine the type of activity or service. State the purpose of the waiver. Identify the risks. Include a title. Include customer information. Include waiver terms. Include a statement of understanding.

A liability waiver form is a legal contract that educates one party about the risks associated with an activity. Once signed, it prevents the participant from opening a lawsuit against the company in the event of damage or loss, effectively shifting responsibility for injuries from the company to the customer.

Generally, a liability waiver should include the following provisions: Risks. First and foremost, it should include a list of the representative inherent risks and any special risks of a trip and/or core activities in an itinerary. ... Liability Waiver Release. ... Assumption of Risk. ... Indemnification. ... Forum/Venue Selection.