Document background
This Theft Waiver agreement is designed for use in Switzerland when one party needs to limit their liability for potential theft of property under their temporary custody or control. The document is particularly relevant for businesses such as storage facilities, hotels, parking operators, and service providers who may have temporary possession of valuable items. The Theft Waiver includes essential provisions required under Swiss law, including clear identification of covered property, specific circumstances under which the waiver applies, and any exceptions or limitations. It addresses insurance considerations, security protocols, and reporting requirements while ensuring compliance with the Swiss Code of Obligations and related regulations. The document should be customized based on the specific business context and property involved while maintaining its enforceability under Swiss law.
