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A general release of liability, or liability waiver, is a contract between two parties that frees one party from liability for harm arising from ordinary negligence before an incident occurs. It must be clearly written for understanding without additional explanation to be enforceable. However, gross negligence cannot be waived. Common activities requiring such waivers include sports participation, attendance at events, and using venues. It's important to note that a release of liability does not cover harm that has already occurred; rather, it is intended for situations where harm has not yet happened or may likely happen based on upcoming events.