Santa Ana Unilateral Release — Release with waiver of California Civil Code Sect. 1542 is a legal document that grants one party (referred to as the releaser) the ability to release another party (referred to as the released) from any claims, liabilities, or damages that may arise in the future, even if they are unknown or not yet discovered. This type of release includes the waiver of California Civil Code Section 1542, which is a provision that governs releases and seeks to prevent the releaser from unintentionally waiving certain rights. The Santa Ana Unilateral Release can be used in various situations, such as: 1. Business Contracts: — Business partners can use this type of release when one partner wants to release the other from any potential claims or disputes that may arise during the course of their business relationship. — Companies can include this type of release in employment contracts, allowing employees to release the company from future claims related to their employment. 2. Real Estate Transactions: — Sellers can use this release in real estate transactions to release the buyer from any claims or damages that may arise after the sale is complete, typically related to property defects or undisclosed issues. — Landlords can include this release in lease agreements, granting tenants the ability to release the landlord from any future claims or damages related to the property or the tenancy. 3. Personal Injury Settlements: — Individuals who have been injured and are seeking compensation can enter into a settlement agreement with the responsible party, using this type of release to release them from any current or future claims related to the injury. — Insurance companies can utilize this release when settling personal injury claims to ensure they are released from any future legal actions by the injured party. It is important to note that the Santa Ana Unilateral Release with waiver of California Civil Code Section 1542 should be carefully crafted and reviewed by legal professionals to ensure its compliance with applicable laws and to protect the interests of all parties involved. This legal document serves as a powerful tool to protect the released from future legal disputes and liabilities, offering a sense of security and peace of mind.
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.