A Liability Waiver is a document that allows a business owner to protect themselves from any legal action that may arise due to injury or death caused by their negligence. This can include anything from not providing adequate safety equipment, to not properly maintaining the premises, to hiring unqualified employees. Know the importance of having one of these documents from any of the free legal forms sites online.
What is the Importance of Having a Liability Waiver Form?
A liability waiver is a document that protects both parties involved in a transaction from any legal action arising out of the agreement. In other words, if something goes wrong, neither party can sue each other. If you are selling your home, you would want to make sure that you have a signed contract stating that you are not responsible for anything that happens to the property after you sell it. This way, if someone gets hurt while they are renovating your house, you cannot be held liable for their injuries.
If you are buying a car, you should ask for a warranty before signing the purchase agreement. You should know what the terms of the warranty are, how long it lasts, and whether or not you can get repairs done at no cost to yourself. A good example of this is the extended service plan (ESP) that comes with many cars today. When you buy a new vehicle, you usually sign a contract saying that you agree to pay $xx per month for x years. However, if you have an ESP, you may only have to pay $xx per year for x months.
A Liability Waiver is usually signed before starting work at a job site. A warranty is also needed along with a free liability waiver form. In addition to these two documents, you should always read the fine print of any contracts that you sign. There could be hidden clauses that you did not realize were included. These clauses might change the entire meaning of the contract. For example, if you are purchasing a house, you should always check the seller’s disclosure statement.
Carl writes often about online legal drafting like affidavit, bill of sale and release/ waiver agreement to help the people.
Last updated June 22, 2022