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  2. Liability waiver - Wikipedia

    en.wikipedia.org/wiki/Liability_waiver

    Courts may refuse to enforce a general liability waiver if it fails to inform the signer of the specific risk that caused the injury. [2] Liability waivers include pre-accident releases and model releases (for pictures). Reckless or intentional actions can never be disclaimed and liability resulting from a faulty product cannot be waived in the ...

  3. Lien waiver - Wikipedia

    en.wikipedia.org/wiki/Lien_waiver

    Conditional waiver on progress payment – The safest waiver for claimants, this waiver generally specifies that if they have indeed been paid to date (and that includes no return or stopped payment checks) the waiver is an effective proof against any lien claim on the property. Unconditional waiver on progress payment – This waiver releases ...

  4. Waiver - Wikipedia

    en.wikipedia.org/wiki/Waiver

    While a waiver is often in writing, sometimes a person's words can also be used as a counteract to a waiver. An example of a written waiver is a disclaimer , which becomes a waiver when accepted. When the right to hold a person liable through a lawsuit is waived, the waiver may be called an exculpatory clause , liability waiver , legal release ...

  5. Forfeiture and waiver - Wikipedia

    en.wikipedia.org/wiki/Forfeiture_and_waiver

    Waiver is the voluntary relinquishment, surrender or abandonment of some known right or privilege. Forfeiture is the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform, etc.

  6. Exculpatory clause - Wikipedia

    en.wikipedia.org/wiki/Exculpatory_clause

    In construction law and real estate, exculpatory clauses are sometimes included in nonrecourse loans to minimize personal liability for the borrower. [5] Exculpatory clauses are also applied more generally in construction law to immunize a person from the consequences of his/her negligence, though this application is subject to stringent ...

  7. Exclusion clause - Wikipedia

    en.wikipedia.org/wiki/Exclusion_clause

    There are various methods by which a party may seek to exclude or mitigate liability by use of a contractual term: True exclusion clause: The clause recognizes a potential breach of contract, and then excuses liability for the breach. Alternatively, the clause is constructed in such a way it only includes reasonable care to perform duties on ...

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