Releases and waivers of liability are so commonplace these days that many people sign them without even stopping to consider the consequences. Perhaps they even doubt that such agreements will hold up in court if an accident does happen.
The truth is that a release or waiver is an important legal document that has the potential to forfeit considerable legal rights, particularly the right to recover compensation for injuries (or even a wrongful death) suffered due to the negligence of the individual, business, or government to which the waiver is granted.
Occasionally, the courts will find a reason to rule a particular release or waiver invalid, but, very often, these documents are upheld as legally binding upon the person who signed them. Thus, it is always a good idea to carefully consider whether the activity for which a waiver is required is important enough to forego your right to sue, should you be seriously injured because of another party’s negligence or carelessness.