What is a release of liability?

A release of liability is a document that releases one party from any legal responsibility to another party. In North Carolina, it is most commonly used in the context of motor vehicle accidents. A release of liability is sometimes used to settle claims for compensation when one party is found to be at fault for an accident but does not wish to be taken to court. A release of liability would be signed by both parties, and would outline the terms of the agreement, including any settlement figure that is being paid. In some cases, this document might also release any future claims that could arise from the incident. The release of liability is an important document to have in any accident law case in North Carolina, as it serves to protect both parties and ensure that any claims are settled quickly and efficiently.

Related FAQs

When should I seek medical attention after an accident?
What is the Duty of Care in a Negligence Claim?
What is the burden of proof in a civil case?
What is joint and several liability?
What is the difference between criminal and civil law?
What rights do I have if I am injured in an accident?
What is accident law?
What is a settlement conference?
Can I be sued for an accident I caused?
What do I need to do to file a personal injury claim?

What is a release of liability?

Related FAQs

Related Blog Posts