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All you need to know about waiver of liability and hold harmless agreement template

What is a waiver of liability and hold harmless agreement template?

Definition and key provisions of a waiver of liability and hold harmless agreement

1. 1.
   Identification of the parties involved.
2. 2.
   Description of the activity or service being waived.
3. 3.
   Statement of voluntary assumption of risk.
4. 4.
   Limitations on liability.
5. 5.
   Governing law clause.

When is a waiver of liability and hold harmless agreement used?

1. 1.
   Recreational activities such as sports, adventure activities, and outdoor events.
2. 2.
   Services provided by contractors, such as home repair or landscaping.
3. 3.
   Events organized by businesses or organizations involving client participation.

Main sections and clauses of a waiver of liability and hold harmless agreement

1. 1.
   Title of the agreement.
2. 2.
   Introduction that states the purpose.
3. 3.
   Definitions of terms used throughout the document.
4. 4.
   Assumption of risk statement.
5. 5.
   Release of liability clause.
6. 6.
   Indemnification responsibilities.
7. 7.
   Signature lines for both parties.

What needs to be included in a waiver of liability and hold harmless agreement?

1. 1.
   Full names and contact information of all parties involved.
2. 2.
   A clear and specific description of the activity or service.
3. 3.
   A detailed risk acknowledgment by the participant.
4. 4.
   Provisions stating the waiver of claims against the provider.
5. 5.
   Any additional clauses required by relevant laws.