Liability release forms are also called liability waivers or hold harmless agreements. These legal documents can help to protect your business against lawsuits for liability in the case of accidents, injuries or other types of harm. The person signing the form agrees to release your company from legal responsibility for any damages.
Liability waivers are especially important for event organizers, amusement parks, and tour operators. These companies don't want to deal with lawsuits because someone slipped, fell, or injured themselves on-premises. Attendees must first sign the form if they want to use the facility or the company's services.
In reality, any business that involves potentially risky activities, construction, or rental properties should have the release of liability forms ready to go. Clients should sign before the team begins work.
The laws regarding liability waivers vary by state, so it can be smart to speak with a lawyer to confirm. In general, liability release forms are legally binding when the client signs them as long as you make sure the person reads and understands the terms they're agreeing to. The wording in a liability waiver should be clear, explaining potential risks and the purpose of the release form.
