Liability Release Form Template

In today's litigious world, the probability of getting involved in a costly lawsuit is very high. The time and amount of expenses, that may have to be incurred by the plaintiff, has led to a number of people demanding that the counter parties, to any transaction, sign a release form. The liability release form ensures that the former will not be subjected to litigation, as a result of the deal, the proposed activity or the transaction. These releases are a must for recreational activities that are considered risky.

Even educational institutions request foreign students to fill out liability release forms that protect the college from being held responsible for the damages that a student may have to face on account of the following: political, social and economic risks involved in traveling to and within a foreign country, wherein the college is situated; the difference in the safety standards, the maintenance of buildings, public places and conveyance; local medical facilities, weather conditions etc. Again, a liability release form for car accidents is a must if one does not want the counter party to the accident, sneak a claim to the insurance company. A release of liability is an indication in writing, that the signatory has clearly understood the terms and conditions of the transaction or activity. Thus, the person requesting the release is assured of not being the subject of a litigation resulting from the signatory's informed and the consensual acts. The following liability release form template may help clarify the point.

Guidelines for Releasing Liability Waiver
Here are some guidelines to aid you in drafting a liability waiver that consists crisp and clear instructions to follow.

• Liability release forms must be generated in a way that complies with the state laws. For the purpose of proving its validity in every aspect, it is a must that the form is drafted well without any discrepancies in the details provided.
• To draft a liability release form, it is advisable that you consult an insurer. The insurer would be able to lend his understanding and expertise for the task and may even be able to give you a fair idea about drafting liability waivers with reference to sample drafts.
• After the initial, proposed draft is created, forward the same to an attorney, who would make the necessary amends in the draft if necessary, and finalize the liability waiver.

Template #1
The following liability release forms may be used by a college for limiting the liability that may arise due to hosting certain inter-collegiate events.

Liability Release Form XYZ University On this day ..... of 2011, with the intention of being legally bound, the undersigned hereby releases from liability and agrees to indemnify and hold harmless XYZ University and its employees, representatives and agents (responsible for arranging travel and overnight housing) for any and all liability for personal injuries (including death), property loss or damages resulting from activities, travel, overnight housing and accommodation for PRQ event. The undersigned agrees to abide by all the rules and the regulations promulgated by XYZ University and the Board of Regents. Participant's Name ........... Participant's Signature ........ Date ............. Signature of Parent/Guardian (for participants under the age of 18) ......... Date ........

Template#2

Liability Release Form XYZ University The undersigned (the participant or the legal guardian, if the former is less than 18 years of age) for and in consideration of the granting of permission by the Regents of the XYZ University, agrees to refrain from suing the university and discharges XYZ University and its officers, agents and employees from all liability arising out of the participation of the contestant in TPQ event. The undersigned agrees to indemnify and hold harmless the University for any loss or damage that the contestant may incur due to the acts or the omissions of the contestant while participating in the aforementioned event. The undersigned certifies that, the contestant is physically fit and in the event of any accident (or sudden illness), the University has the undersigned's permission to administer the necessary medical emergency treatment. The undersigned having read and understood agrees to comply with the rules and the safety provisions established for the said activity. Contestant's Name ....................... Date ........................ Parent's or Legal Guardian's Signature .............

The aforementioned liability release form (format) is only meant for reference. It is not a substitute for the actual legal document. A number of liability release form samples, viz. auto accident liability release form, horseback riding liability release form, church liability release form, liability release form for construction work etc. can be easily downloaded from the internet. Despite the easy availability of liability release form templates, it would be prudent to consult an attorney regarding the best course of action for limiting one's liability.