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The legal tip of the week discusses the importance of getting a release signed to protect yourself from future liabilities. A release is a document that waives any legal claims against another party. This is crucial in situations where disputes are resolved outside of court, such as with a tenant or buyer. Without a release, the other party could potentially come back with a claim in the future, even years later. It is recommended to always get a release signed when settling out of court to avoid any future legal issues.
