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Alter General Release of Liability Form

Alter General Release of Liability Form

Aug 6th, 2022

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How to Alter General Release of Liability Form

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The legal tip of the week focuses on the importance of releases, which are documents that waive claims against another party, releasing them from liability. This applies to both business and non-business individuals. For instance, if a landlord settles a dispute with a tenant regarding rent or a security deposit without going to court, it's crucial to obtain a release. Without it, the tenant could potentially bring up new claims in the future, even years later, depending on the statute of limitations. Therefore, it is recommended to always secure a release when settling out of court with anyone, whether a tenant or a buyer.

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