WAIVER AND RELEASE OF LIABILITY FORM

[YOUR COMPANY NAME] WAIVER AND RELEASE OF LIABILITY FORM

I, [Renter’s Full Name], the undersigned Renter, hereby acknowledge and agree to the following terms and conditions as a condition of renting the craft from [Your Company Name] (hereinafter referred to as the “Rental Company”):

  1. Assumption of Risk:
    • I understand and acknowledge that operating and using the rental craft involves inherent risks, including but not limited to accidents, property damage, bodily injury, and even death.
    • I voluntarily assume all risks associated with the use, operation, or possession of the rental craft.
  2. Release and Indemnification:
    • To the fullest extent permitted by law, I hereby release and discharge the Rental Company, its officers, directors, employees, agents, and affiliates from any and all claims, liabilities, demands, actions, or causes of action arising out of or related to the rental, use, operation, or possession of the craft.
    • I agree to indemnify and hold harmless the Rental Company from any loss, liability, damage, or cost, including attorney fees, arising out of or related to my use, operation, or possession of the rental craft.
  3. Waiver of Liability:
    • I waive any and all claims, whether known or unknown, that I may have against the Rental Company arising out of or related to the rental, use, operation, or possession of the craft.
    • This waiver includes, but is not limited to, claims arising from negligence, breach of contract, or breach of any statutory duty.
  4. Compliance with Laws and Regulations:
    • I agree to comply with all applicable laws, regulations, and safety requirements while operating the rental craft.
    • I understand that any violation of these laws, regulations, or safety requirements may result in the termination of the rental and may subject me to legal consequences.
  5. Severability:
    • If any provision of this Waiver and Release of Liability is held to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect.
  6. Governing Law and Jurisdiction:
    • This Waiver and Release of Liability shall be governed by and construed in accordance with the laws of [State/Country].
    • In the event that any issues or disputes arise concerning this rental agreement, both the OWNER and the RENTER agree to resolved by binding arbitration.

 

I have read this Waiver and Release of Liability, fully understand its terms, and voluntarily agree to be bound by them.

 

Renter’s Full Name:     __________________________________

Renter’s Signature:       __________________________________

Date:                           __________________________________

 

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