Business Liability Release
Prepared by: [YOUR NAME]
Introduction
This Business Liability Release Agreement ("Agreement") is designed to protect [YOUR COMPANY NAME] from any claims, damages, or liabilities that may arise during the rental of equipment, property, or other assets. By signing this document, you, the "Renter," acknowledge and accept the inherent risks associated with the use of the rental items provided by [YOUR COMPANY NAME], and you agree not to hold [YOUR COMPANY NAME] liable for any injury, damage, or loss.
This Agreement becomes effective upon the signature of both parties and remains valid for the entire duration of the rental period. Please review this document carefully before signing. If you have any questions, contact [YOUR NAME] at [YOUR EMAIL].
Release of Liability
1. Agreement to Hold Harmless:
I, the undersigned ("Renter"), acknowledge that I have chosen to rent equipment, property, or facilities from [YOUR COMPANY NAME], located at [YOUR COMPANY ADDRESS]. I understand that while the items are maintained to the highest standards, there are risks involved in the use of rented items.
In consideration of the opportunity to rent from [YOUR COMPANY NAME], I hereby agree to release and discharge [YOUR COMPANY NAME], its owners, employees, agents, contractors, and affiliates from any and all liabilities, claims, demands, or causes of action that may arise due to:
Any personal injury, property damage, or loss.
Negligence or fault of [YOUR COMPANY NAME] in the delivery, setup, or condition of the rental items.
Acts of nature or unforeseen circumstances that may cause damage or interruption of use.
2. Acknowledgment of Risk:
I understand and acknowledge the inherent risks associated with the rental items and agree to assume full responsibility for any risk of injury or damage, whether caused by my own negligence or otherwise. I understand that [YOUR COMPANY NAME] is not responsible for any medical, legal, or other fees that may result from any incidents during the rental period.
3. Terms of Rental and Responsibilities:
Rental Period: The rental period begins on January 15, 2050 and ends on January 20, 2050.
Renter's Responsibilities: The Renter agrees to use the rental items responsibly, ensuring that they are returned in the same condition as they were received. Any damages caused by misuse, neglect, or improper handling will be the responsibility of the Renter.
Return of Property: The Renter agrees to return all rental items to [YOUR COMPANY NAME] by the designated return date: January 20, 2050.
4. Indemnification:
The Renter agrees to indemnify and hold harmless [YOUR COMPANY NAME], its owners, employees, and agents from any loss, damage, or expense that may arise from the use, misuse, or rental of the equipment or property, including but not limited to attorney fees, court costs, and other expenses that may arise as a result of legal proceedings.
5. Governing Law:
This Agreement shall be governed by the laws of Illinois, and any disputes arising out of this Agreement shall be resolved in the courts of Illinois.
6. Severability:
If any part of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue to be valid and enforceable.
Signatures
By signing below, I, the Renter, confirm that I have read, understood, and agree to the terms of this Business Liability Release Agreement.
Renter’s Name: Cameron Johnson
Date: January 15, 2050
Company Representative Name: [YOUR NAME]
Date: January 15, 2050
For further assistance or inquiries, please contact us at [YOUR EMAIL], visit our website at [YOUR COMPANY WEBSITE], or follow us on social media: [YOUR COMPANY SOCIAL MEDIA].
[YOUR COMPANY NAME]
[YOUR COMPANY ADDRESS]
[YOUR COMPANY NUMBER]
Release of Liability Templates @ Template.net
