Release & Waiver of Liability (Real Property)

The legal template, Release & Waiver of Liability (Real Property), is a document that outlines an agreement signed by two parties involved in a real property transaction, typically between the owner/occupier of a property and a visitor, tenant, or other individual entering the premises. This release and waiver of liability generally serves to protect the property owner from any legal claims or disputes that may arise due to injuries, accidents, or damages that occur on the property. By signing this document, the visitor or tenant waives their right to hold the property owner legally responsible for any harm or injury they may experience while on the premises. The template typically includes clauses addressing the assumption of risks, release and discharge of liability, indemnity, and other relevant provisions to clearly outline the responsibilities and rights of all parties involved. As a legally binding contract, this document aims to protect both parties by ensuring a clear understanding of the potential risks associated with the property and the agreement to waive any claims arising from them.