Waiver Of Liability For Property Damage Template for Indonesia

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Key Requirements PROMPT example:

Waiver Of Liability For Property Damage

"I need a Waiver of Liability for Property Damage for my event venue in Jakarta, specifically covering temporary installations and equipment brought in by event organizers, with the waiver period running from January 1, 2025, to December 31, 2025."

Document background
The Waiver of Liability for Property Damage is essential in Indonesian business and personal transactions where one party needs to be protected from liability for potential property damage during specific activities or circumstances. This document is commonly used in property management, event hosting, equipment rental, and various business operations where property access or use is granted to third parties. The waiver must be drafted in compliance with Indonesian civil law principles and consumer protection regulations, particularly considering the provisions of the Indonesian Civil Code (KUHPerdata). It should clearly define the scope of liability being waived, any exceptions, and include proper identification of the property involved. The document becomes particularly important in situations where valuable property is being used or accessed by others, and the property owner or manager needs to establish clear liability boundaries while maintaining legal enforceability under Indonesian law.
Suggested Sections

1. Parties: Identification of the parties: the party providing the waiver (releaser) and the party being released from liability (releasee)

2. Background: Context of the waiver, including the relationship between parties and the general circumstances necessitating the waiver

3. Definitions: Clear definitions of key terms used in the waiver, including 'Property', 'Damage', and 'Liability'

4. Scope of Waiver: Detailed description of what types of property damage are covered by the waiver

5. Representations and Warranties: Statements by the releaser confirming their understanding and voluntary acceptance of the waiver

6. Duration: Time period for which the waiver remains valid

7. Governing Law: Specification that Indonesian law governs the waiver and its interpretation

8. Execution: Signature blocks and formal requirements for proper execution under Indonesian law

Optional Sections

1. Insurance: Details of any insurance requirements or coverage relevant to the property, used when specific insurance arrangements are part of the agreement

2. Indemnification: Additional provisions where the releaser agrees to indemnify the releasee against third-party claims, used in higher-risk situations

3. Dispute Resolution: Specific procedures for handling disputes, including mediation or arbitration clauses, used when parties want to specify alternative dispute resolution methods

4. Severability: Clause ensuring that if any part of the waiver is found invalid, the rest remains enforceable, used in complex agreements

5. Language Requirements: Provisions for dual-language execution if required, used when one party is not fluent in Indonesian

Suggested Schedules

1. Schedule A - Property Description: Detailed description and/or photographs of the property covered by the waiver

2. Schedule B - Pre-existing Damage: Documentation of any existing damage to the property before the waiver takes effect

3. Schedule C - Excluded Items: List of specific items or types of damage not covered by the waiver

4. Appendix 1 - Risk Assessment: Documentation of any risk assessment conducted related to potential property damage

5. Appendix 2 - Insurance Certificates: Copies of relevant insurance certificates or policies, if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Clauses
Relevant Industries

Real Estate

Construction

Events and Entertainment

Manufacturing

Hospitality

Retail

Warehousing and Storage

Education

Sports and Recreation

Industrial Equipment

Property Management

Facilities Management

Relevant Teams

Legal

Operations

Risk Management

Facilities Management

Property Management

Asset Management

Compliance

Contract Administration

Real Estate

Business Development

Relevant Roles

Legal Counsel

Property Manager

Facility Manager

Risk Manager

Operations Director

Contract Administrator

Real Estate Manager

Event Coordinator

Maintenance Supervisor

Asset Manager

Compliance Officer

Business Development Manager

Property Development Manager

Leasing Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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