What is a Released Person? A Comprehensive Legal Overview
Definition & Meaning
A "released person" refers to an individual or entity that would normally be held responsible for damages related to personal injuries or property harm but has been legally discharged from that responsibility. This concept is often encountered in legal contexts involving settlements or agreements where a claimant agrees not to pursue further claims against the released person.
Legal Use & context
The term "released person" is commonly used in civil law, particularly in personal injury cases and tort law. It often arises during negotiations for settlements, where a claimant may agree to release a party from liability in exchange for compensation. Understanding this term is crucial for individuals navigating legal disputes, as it can impact their rights and options. Users can find helpful legal templates on US Legal Forms to assist in drafting release agreements and related documents.
Real-world examples
Here are a couple of examples of abatement:
Example 1: A driver involved in a car accident agrees to settle with the other party for medical expenses. As part of the settlement, the injured party signs a release, discharging the driver from any further claims related to the accident.
Example 2: A property owner settles a lawsuit with a tenant who was injured on their property. The tenant signs a release, preventing them from suing the owner for any future claims related to that incident. (hypothetical example)