A product liability release form is a formally drafted document which is drafted when a company or individual wishes to release another party from taking liability of a product which has caused some kind of an injury or accident. These forms are also created in the case when a vendor releases the vendee from product liability which is caused due to the shipment process of a certain product.
These forms are legally binding in nature and must be abided by the involved parties so as to avoid any kind of a legal implication or action. A product liability release form sample has been provided below for reference purpose.
You can Download the Product Liability Release Form Template, customize it according to your needs, and Print it. Product Liability Release Form Template is either in MS Word or Editable PDF.
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Features:
Parties Involved:
Identifies the manufacturer/seller releasing liability and the person releasing the manufacturer/seller from liability.
Product Description:
A section to specify the product involved in the release.
Release of Liability:
A clause stating that the releaser absolves the manufacturer/seller from any legal responsibility for injuries, illness, or death caused by the product, except in cases of gross negligence or intentional misconduct.
Acknowledgement of Risk:
A section for the releaser to acknowledge their understanding of the potential risks associated with using the product.
Assumption of Risk:
By signing the release, the releaser agrees to assume responsibility for any injuries, illness, or death they may experience due to using the product, within the limitations outlined in the agreement.
Signatures:
Designated spaces for both the releaser and manufacturer/seller to sign and also date the form.
Benefits:
Protection for Manufacturers/Sellers:
A properly drafted product liability release template can help limit the manufacturer or seller’s liability in cases where the user misuses the product or fails to follow safety instructions.
Clear Communication:
The template promotes clear communication between the manufacturer/seller and also the user by outlining the limitations of liability.
Discourages Frivolous Lawsuits:
A signed release may discourage frivolous lawsuits against the manufacturer/seller.
