The liability waiver form covers an activity that the Releasor will voluntarily engage in. Since the activity may carry a risk of injury or other kinds of harm, the activity and the risks should be clearly defined for both parties.
The Released Parties agree that all terms of the Agreement shall be subject to and interpreted under the laws governing the State of (insert state).
5.1 The Releasor agrees that despite being aware of the Risks, those known and unknown, and harm that may occur, including but not limited to physical injury, disability, or death, property damage, property theft, or any risks arising from any negligent act(s) or omission(s) by the Releasee, or any other person or entity falling under the control or employment of the Releasee, or from dangerous or defective property owned, operated, or controlled by the Releasee and such persons at the Property, to voluntarily release and forever waive, acquit, and discharge the Releasee from any possible legal action that the Releasor may be entitled to under the law, on behalf of the Releasor, or any other third party who may be entitled to exercise any legal claim on the Releasor’s behalf. (“Release”)