This general release of liability agreement is a very basic way of allowing an individual or business to release liability deriving from a certain event in consideration for a cash payment or asset. Download this general release of liability form for free and have it customized for you today.
I, [Individual/Business Releasing Liability], for and in consideration of the payment to me of [Payment in Consideration of Release], the receipt and sufficiency of which is hereby acknowledged, do hereby release and forever discharge [Individual/Business Being Released from Liability], their agents, employees, successors and assigns, and their respective heirs, personal representatives, affiliates, successors and assigns, and any and all persons, firms or corporations liable or who might be claimed to be liable, whether or not herein named, none of whom admit any liability to the undersigned, but all expressly denying liability, from any and all claims, demands, damages, actions, causes of action or suits of any kind or nature whatsoever, which I now have or may hereafter have, arising out of or in any way relating to any and all injuries and damages of any and every kind, to both person and property, and also any and all injuries and damages that may develop in the future, as a result of or in any way relating to the following:
[Briefly Describe The Incident Which The Party Is Being Released From Liability]
It is understood and agreed that this payment is made and received in full and complete settlement and satisfaction the causes of action, claims and demands mentioned herein; that this Release contains the entire agreement between the parties; and that the terms of this Agreement are contractual and not merely a recital. Furthermore, this Release shall be binding upon the undersigned, and his respective heirs, executors, administrators, personal representatives, successors and assigns. This Release shall be subject to and governed by the laws of the State of [State].
This Release has been read and fully understood by the undersigned and has been explained to me.
EXECUTED this ____ day of _________________, 20____.
Signed: __________________________________Sign Here
Print Name: [Individual/Business Releasing Liability]
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This form has been prepared for general informational purposes only. It does not constitute legal advice, advertising, a solicitation, or tax advice. Transmission of this form and the information contained herein is not intended to create, and receipt thereof does not constitute formation of, an attorney-client relationship. You should not rely upon this document or information for any purpose without seeking legal advice from an appropriately licensed attorney, including without limitation to review and provide advice on the terms of this form, the appropriate approvals required in connection with the transactions contemplated by this form, and any securities law and other legal issues contemplated by this form or the transactions contemplated by this form.