The form is a waiver, release and assumption of risk agreement to be executed by a participant regarding an inherently dangerous activity.
A Release of Owner of Drag Racing Car by Driver from Responsibility for Injuries or Death — Participation in Inherently Dangerous Activity is a legal document commonly used in the Virgin Islands to protect the owner of a drag racing car from being held liable for any injuries or deaths that may occur during the activity. This type of agreement is crucial as drag racing is considered an inherently dangerous activity, which means participants are aware of the potential risks involved. By signing this release, the driver acknowledges and voluntarily assumes all risks associated with drag racing, including the risk of personal injury or death. The release ensures that the owner of the drag racing car cannot be held responsible for any harm that may arise from the driver's participation. Keywords: Virgin Islands, release, owner, drag racing car, driver, responsibility, injuries, death, inherently dangerous activity, participation, legal document, liability, risks, personal injury. Different types of Virgin Islands Release of Owner of Drag Racing Car by Driver from Responsibility for Injuries or Death — Participation in Inherently Dangerous Activity may include: 1. General Release: This is a standard release form that absolves the owner of the drag racing car from liability for any injuries or deaths that may occur during the course of the activity. 2. Limited Liability Release: This type of release may specify certain conditions or circumstances in which the owner of the drag racing car may still be held responsible. For example, if there was negligence on the part of the owner in maintaining the vehicle, the release may not fully protect them from liability. 3. Indemnity Agreement: In addition to releasing the owner from responsibility, an indemnity agreement may also require the driver to compensate the owner for any expenses or legal costs incurred as a result of a claim or lawsuit arising from their participation in drag racing. 4. Parental/Guardian Release: When the driver is a minor, a parental or guardian release is necessary to ensure that the parent or guardian understands the risks involved and agrees to release the owner from any liability. These different types of releases may vary in their language, terms, and level of protection granted to the owner of the drag racing car. It is essential for both parties involved to thoroughly read and understand the agreement before signing to ensure that their rights and responsibilities are properly protected.
