Clovis Unilateral Release, also known as a Release with waiver of California Civil Code Sect. 1542, is a legal document that grants one party the ability to release another party from any and all potential claims or liability arising from a specific event or circumstance. This release is commonly used in situations where one party wants to protect themselves from future legal actions or claims. California Civil Code Sect. 1542 is a state law in California that states a general release does not extend to claims that the releasing party does not know exist at the time of executing the release, which is known, might have materially affected their decision to enter into the release. In other words, it prevents the releasing party from accidentally waiving their rights to future claims that they are unaware of at the time of signing the release. A Clovis Unilateral Release with waiver of California Civil Code Sect. 1542 can be categorized into different types, each tailored to specific situations. These types may include: 1. General Clovis Unilateral Release: This type of release is used to waive all potential claims and liabilities that may arise from a specific event or circumstance. It provides a broad release and protects the releasing party from any future legal action related to the event. 2. Specific Clovis Unilateral Release: This type of release is more limited in scope. It is used to release the other party from only specific claims or liabilities related to a particular identified event or circumstance. It may include specific details or terms agreed upon by both parties. 3. Confidentiality Clovis Unilateral Release: In some cases, parties may want to release each other from any claims or liability while also maintaining the confidentiality of the event or circumstance in question. This type of release includes provisions emphasizing the importance of confidentiality and non-disclosure. 4. Waiver of California Civil Code Sect. 1542 Clauses: A Clovis Unilateral Release may also include specific clauses that explicitly waive the rights and protections provided under California Civil Code Sect. 1542. These clauses ensure that the releasing party fully understands and acknowledges that they are waiving future claims that they may not be aware of at the time of signing the release. It is essential to consult with a qualified legal professional when drafting or signing a Clovis Unilateral Release with waiver of California Civil Code Sect. 1542. This will help ensure all relevant factors are considered, and the document effectively protects the parties involved.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.