Release Of Liability For Landlord
Once you own property then start expecting the unexpected. There is someone or the other always trying to get the better of you. There are several ways using which they can make you pay unnecessarily. Even a small slip or a fall may cost you dearly.
For example, your neighbor had a fall in your house and you both mutually agreed on a deal. You paid for the neighbor’s treatment, and he is okay now. Six months down the line, you do not get along with your neighbor that is when the problems start. The neighbor will still use the fall on your property and continues to seek damage from you.
This is why signing a release of liability is the best thing to do. You can sign the agreement when you are in good terms with the neighbor. It is a simple legal document, but it can save you from getting looted. A well written release of liability is a landlord’s best friend. This way the tenant cannot hold the landlord responsible for an event that took place.
There are two options for you. One is that you can write the release of liability yourself. The other is getting it professionally written by a lawyer. The second option is always better because all the points that need to be covered will be taken care of by the lawyer. As a non-legal person and an amateur, you may not think from all angles and cover all the possibilities. A lawyer is specially equipped with knowledge to do that. So, you should always get a release of liability whenever you have been used. Even if you have reached a verbal agreement, you can still get the agreement signed.
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