General Release Of Liability Form for Malaysia

General Release Of Liability Form Template for Malaysia

A General Release of Liability Form under Malaysian law is a legally binding document that releases one party (the Releasee) from legal claims, obligations, or potential liabilities arising from specific activities, incidents, or relationships. The document, governed by Malaysian contract law principles including the Contracts Act 1950 and Civil Law Act 1956, provides comprehensive protection against future claims while ensuring compliance with local legal requirements. It includes detailed provisions for the scope of release, consideration, voluntary execution, and specific exclusions if any, making it suitable for both commercial and personal use within the Malaysian jurisdiction.

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What is a General Release Of Liability Form?

The General Release Of Liability Form is a crucial legal instrument in Malaysian business and personal transactions, designed to protect parties from future claims or lawsuits. This document is commonly used when parties wish to settle disputes, conclude business relationships, or protect against potential claims arising from specific activities or services. Under Malaysian law, particularly the Contracts Act 1950 and Civil Law Act 1956, the form must meet specific requirements for validity, including clear identification of parties, adequate consideration, and voluntary execution. It's particularly relevant in situations involving risk-bearing activities, property transactions, employment terminations, or settlement of disputes. The document typically includes comprehensive release language, specific exclusions if any, and provisions ensuring its enforceability under Malaysian jurisdiction.

What sections should be included in a General Release Of Liability Form?

1. Parties: Identification of the Releasor (person giving the release) and Releasee (person being released from liability), including full legal names and addresses

2. Background: Context of the release, including any relevant incidents, relationships, or circumstances leading to the release

3. Definitions: Key terms used in the agreement, including 'Claims', 'Liability', 'Released Parties', and any specific terms relevant to the particular release

4. Release and Discharge: The core provision where the Releasor releases and forever discharges the Releasee from all claims, demands, and causes of action

5. Scope of Release: Detailed description of what types of claims and liabilities are covered by the release

6. Consideration: Statement of the consideration being provided in exchange for the release

7. Understanding and Voluntary Execution: Confirmation that the Releasor understands the release and is signing it voluntarily

8. Governing Law: Specification that Malaysian law governs the agreement

9. Execution: Signature blocks, witness requirements, and date of execution

What sections are optional to include in a General Release Of Liability Form?

1. Future Claims: Optional section to explicitly address whether future or unknown claims are included in the release

2. Specific Exclusions: Section listing any specific claims or rights that are not being released

3. Insurance Rights: Section addressing any insurance-related rights or claims, if applicable

4. Indemnification: Additional provision where the Releasor agrees to indemnify the Releasee against claims related to the released matters

5. Confidentiality: If the terms of the release are to remain confidential

6. Non-Admission of Liability: Statement that the release does not constitute an admission of liability by the Releasee

7. Severability: Provision stating that if any part of the release is found invalid, the rest remains enforceable

8. Third Party Rights: Section addressing whether third parties are covered by or can enforce the release

What schedules should be included in a General Release Of Liability Form?

1. Schedule A - Description of Incident: Detailed description of the specific incident or circumstances giving rise to the release, if applicable

2. Schedule B - Released Parties: Complete list of all parties being released, including related entities and individuals

3. Schedule C - Specific Claims: Itemized list of specific claims or potential claims being released

4. Appendix 1 - Supporting Documents: Any relevant supporting documents, such as accident reports, medical records, or correspondence

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

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What is a General Release Of Liability Form?

What sections should be included in a General Release Of Liability Form?

What sections are optional to include in a General Release Of Liability Form?

What schedules should be included in a General Release Of Liability Form?

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