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Waivers & Releases

Property & Equipment Damage Waiver

A waiver for someone using or renting property/equipment, acknowledging responsibility for damage and releasing certain claims.

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Free general-purpose template, not legal advice. Fill in the placeholders and consider having a lawyer review it before you rely on it.

1. Parties & Property/Equipment

This Property & Equipment Damage Waiver ("Waiver") is signed by [User Name] ("User") in connection with use of [Description of Property/Equipment] owned by [Owner Name] ("Owner"), on [Date(s)].

2. Acknowledgment of Condition

User acknowledges receiving the property/equipment in the condition noted here: [Condition Notes], and agrees to return it in the same condition, normal wear and tear excepted.

3. Responsibility for Damage

User agrees to be responsible for any damage, loss, or theft occurring during the period of use, up to [Coverage Limit, if any, e.g. the replacement value].

4. Assumption of Risk

User acknowledges that use of the property/equipment carries inherent risks and voluntarily assumes those risks.

5. Release

User releases Owner from liability for injury or loss arising from use of the property/equipment, except for claims arising from Owner’s gross negligence or willful misconduct, to the extent permitted by [State / Jurisdiction] law.

6. Acknowledgment & Signature

User has read this Waiver, understands it, and signs it voluntarily.

User Signature: _______________________ Date: _______________

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