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.
Santa Maria Unilateral Release — Release with Waiver of California Civil Code Sect. 1542 Santa Maria Unilateral Release is a legal document used in California to release one party (releaser) from any known and unknown claims, demands, actions, or damages arising from a particular event, agreement, or transaction. This release document includes a waiver of the rights granted under Section 1542 of the California Civil Code. California Civil Code Section 1542 provides certain protection to individuals by stating that a general release does not extend to claims that the releaser is unaware of or does not suspect to exist in their favor at the time of executing the release. This statute allows an individual to bring claims later even after signing a general release. However, Santa Maria Unilateral Release includes a waiver of these rights granted by Section 1542, ensuring that the releaser gives up any future claims arising from the mentioned event, agreement, or transaction, whether known or unknown. By incorporating the waiver of Section 1542, Santa Maria Unilateral Release provides comprehensive protection for the releaser against any future claims related to the particular matter they are releasing. It is important to have this kind of release, especially when the releaser wants to settle any potential disputes, ensure finality, and prevent any surprises in the future. Types of Santa Maria Unilateral Release — Release with waiver of California Civil Code Sect. 1542 may include: 1. Personal Injury Santa Maria Unilateral Release: This type of release is commonly used in personal injury cases to settle claims related to bodily injuries, property damages, or emotional distress. The releaser releases the respondent from any present and future claims arising from the specific incident, including those covered by Section 1542 of the California Civil Code. 2. Business Transaction Santa Maria Unilateral Release: This type of release is used in business transactions, such as the sale of a business, partnership dissolution, or settlement of contractual disputes. By signing this release, the releaser absolves the counterparty from any known or unknown claims associated with the transaction, subject to the waiver of Section 1542. 3. Employment Santa Maria Unilateral Release: This release is commonly used when an employer and an employee end their employment relationship. It protects the employer from any potential legal claims by the former employee, including claims related to wrongful termination, discrimination, or unpaid wages, based on the terms stated in the release and within the limits set by Section 1542. In summary, Santa Maria Unilateral Release — Release with waiver of California Civil Code Sect. 1542 is a legal document used to release one party from known and unknown claims arising from a specific event, agreement, or transaction. It ensures finality and protection for the releaser by incorporating a waiver of Section 1542 of the California Civil Code. Various types of this release exist, tailored to different circumstances such as personal injury, business transactions, or employment disputes.