��������Ƶ

The Release Of Liability Form is a crucial legal document used in Austrian jurisdiction to manage risk and establish clear understanding between parties regarding potential liabilities. This document is essential when offering services or activities that carry inherent risks, from sports and recreational activities to professional services. Under Austrian law, while parties can agree to certain liability limitations, the form cannot exclude responsibility for intentional harm or gross negligence as per the ABGB. The document typically includes comprehensive details about the activities involved, potential risks, and the extent of the liability release. It's particularly important in situations where participants engage in potentially risky activities or where service providers need to establish clear boundaries of liability while maintaining compliance with Austrian legal requirements.

1. Parties: Identification of the Releasor (person giving up rights) and Releasee (person being released from liability), including full legal names, addresses, and any relevant business/organization details

2. Background: Brief context explaining the purpose of the release and the relationship between the parties

3. Definitions: Clear definitions of key terms used in the document, including 'Activity', 'Claims', 'Liability', etc.

4. Activity Description: Detailed description of the activity, event, or circumstances covered by the release

5. Acknowledgment of Risks: Statement acknowledging the inherent risks involved in the activity and confirming the releasor's understanding of these risks

6. Scope of Release: Specific details of what claims and liabilities are being released, with explicit mention that gross negligence and intentional harm are not covered (as per Austrian law)

7. Representations and Warranties: Statements confirming the releasor's capacity to enter into the agreement and understanding of its implications

8. Governing Law: Specification that Austrian law governs the agreement and jurisdiction for any disputes

9. Execution: Signature blocks, date, and any witness or notarization requirements