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Assumption of Risk and Acknowledgement I am aware that due to the outbreak of COVID-19, The University of North Carolina at Chapel Hill (University) has prohibited all nonessential University affiliated
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01
To fill out an assumption of risk, follow these steps:
02
Begin by including a title for the document, such as 'Assumption of Risk Agreement'.
03
Clearly state the purpose of the agreement at the beginning.
04
Provide a brief background context, explaining the nature of the risks involved.
05
Clearly list and describe the specific risks that the individual is assuming.
06
Include a statement acknowledging that the individual fully understands and accepts these risks.
07
Clearly state that the individual is waiving their right to claim damages or seek legal action in the event of injury or harm resulting from the assumed risks.
08
Include a signature block for the individual to sign and date the document.
09
Optionally, include spaces for any witnesses to also sign and date the document.
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It is recommended to have the document reviewed by a legal professional before finalizing.
11
Keep a copy of the signed assumption of risk agreement for both parties' records.

Who needs assumption of risk and?

01
Various individuals or entities may require an assumption of risk, including:
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- Companies organizing high-risk activities or events, such as adventure sports companies or extreme sports organizations.
03
- Sports organizations, clubs, and coaches for participants in physically demanding sports or activities.
04
- Recreational facilities, such as gyms or trampoline parks, where there is a risk of injury.
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- Volunteer organizations or nonprofits organizing activities with inherent risks, such as outdoor excursions or community events.
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- Businesses or individuals hosting events or providing services that carry potential risks, such as hosting a carnival or offering adventure tours.
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It is important for these entities to have individuals sign an assumption of risk agreement to mitigate potential legal liabilities.
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Assumption of risk is a legal doctrine in which an individual accepts the consequences of a risky activity.
Individuals engaging in activities where there is a potential risk of harm are required to file assumption of risk.
Assumption of risk forms typically require individuals to acknowledge the risks involved in the activity and agree to release liability.
The purpose of assumption of risk is to protect organizations or individuals from liability in case of accidents or injuries during risky activities.
Information such as the specific activity, the risks involved, and the individual's acknowledgment of those risks must be reported on assumption of risk forms.
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