This form is a release in full of all debts, liens, claims, rights, demands, actions, causes of action, known or unknown, whether in contract, tort or otherwise. This form also contains a waiver of California Civil Code § 1542.
Sacramento Unilateral Release — Release with waiver of California Civil Code Sect. 1542 is a legal document commonly used in Sacramento, California, to release one party from potential claims and liabilities arising from a specific event or agreement. This release includes a waiver of the protection provided by California Civil Code Section 1542, which is an important provision often inserted into such agreements. California Civil Code Section 1542 is designed to protect individuals from inadvertently waiving unknown claims or rights. It states that a release or waiver does not extend to claims that the releasing party does not know or suspect to exist, unless they expressly waive such claims. This section is intended to prevent parties from inadvertently releasing unknown claims of great significance. A Sacramento Unilateral Release — Release with waiver of California Civil Code Sect. 1542 is a one-sided release, meaning it is typically prepared and presented by one party to the other. The releasing party, also known as the releaser, voluntarily agrees to give up any rights or claims they may have against the other party, known as the released, related to a particular event or agreement. By signing this document, the releaser acknowledges that they fully understand the consequences and implications of waiving the protections of California Civil Code Section 1542. There are different types of Sacramento Unilateral Releases with a waiver of California Civil Code Sect. 1542, depending on the specific context or purpose. Some common types include: 1. Sacramento Unilateral Release — Personal Injury: This type of release is frequently used in personal injury cases, where the injured party agrees to release the responsible party from liability in exchange for compensation. By signing this release, the injured party acknowledges that they are aware of and voluntarily waive any potential unknown claims related to the injury, beyond what is already known. 2. Sacramento Unilateral Release — Property Damage: This release is used when one party causes damage to another party's property, and both parties agree to settle the matter without pursuing legal action. The released, in this case, may offer compensation or undertake necessary repairs in exchange for the releaser releasing them from any further liability, including any unknown claims under California Civil Code Section 1542. 3. Sacramento Unilateral Release — Business Transactions: This type of release is commonly utilized in business transactions, such as the sale of a company or assets. The releaser may release the released from any claims arising from the transaction, including unknown claims, thus protecting the released from any potential legal actions in the future. In conclusion, a Sacramento Unilateral Release — Release with waiver of California Civil Code Sect. 1542 is a legal document used in Sacramento, California, to release one party from potential claims and liabilities related to a specific event or agreement. It includes a waiver of the protections provided by California Civil Code Section 1542, allowing the releaser to voluntarily give up any unknown claims they may have against the released. Different types of releases exist for various contexts, such as personal injury, property damage, and business transactions.
