A test drive generally means to drive a motor vehicle to evaluate its performance and condition. What happens if there is an accident during the test drive? This form seeks to define the liabilities of the parties if an accident occurs.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only.
Oregon Release, Waiver and Hold Harmless Agreement regarding Test Drive is a legal document that acts as a binding contract between the car owner or dealer (referred to as the "Released") and the person test-driving the vehicle (referred to as the "Releaser"). Its purpose is to release the Released from any liability or legal claims arising out of any accidents, damages, injuries, or losses that may occur during the test drive. This agreement is essential for protecting the interests of both parties involved in the test drive process. By signing the Release, Waiver, and Hold Harmless Agreement, the Releaser acknowledges and assumes the risks associated with test-driving a vehicle and agrees to waive their right to hold the Released accountable for any damages or injuries incurred. Key provisions included in an Oregon Release, Waiver and Hold Harmless Agreement regarding Test Drive may include: 1. Identification of Parties: The agreement outlines the names and contact details of both the Released (car owner or dealer) and the Releaser (person test-driving the vehicle). 2. Assumption of Risk: The Releaser acknowledges that they are voluntarily participating in the test drive and understands the potential risks involved, including accidents, damages, injuries, or losses. 3. Release of Liability: The Releaser releases the Released from any legal claims, demands, suits, or causes of action resulting from the test drive. This clause ensures that the Released cannot be held accountable for any harm caused during the test drive. 4. Hold Harmless: In this clause, the Releaser agrees to indemnify and hold the Released harmless from any liability, damages, or expenses incurred due to the Releaser's actions or negligence during the test drive. 5. Insurance and Licensing: The agreement may include a provision requiring the Releaser to show proof of valid driver's license and adequate insurance coverage before the test drive. 6. Governing Law: This section establishes that the agreement is governed by and interpreted under the laws of the state of Oregon. There may be variations of the Oregon Release, Waiver, and Hold Harmless Agreement regarding Test Drive depending on specific circumstances or parties involved. For instance, agreements can be tailored for commercial test drives, wherein businesses allow potential customers to test drive their vehicles. Additional clauses may be included to address issues such as commercial insurance coverage or limitations on the use of the vehicle. Overall, the Oregon Release, Waiver, and Hold Harmless Agreement regarding Test Drive protect the interests of both the car owner or dealer and the person test-driving the vehicle by clearly outlining the waivers and responsibilities of each party.
