A release or release agreement is a document or other enforceable agreement that releases one party from further liability to another—or releases two or more parties from further liability to each other. A release is typically signed or executed by the parties following an incident, claim, or lawsuit in which one party (the releasing party) claims another party (the released party) caused physical, financial, or emotional damage to the releasing party.

A release is typically included in a settlement agreement to resolve such claims before, during, or after a lawsuit is filed involving the incident or claim. The release is typically given by the releasing party in exchange for the released party paying money or giving or doing something else of value that the releasing party will accept in exchange—even an apology may be given in exchange for a release if the releasing party is willing to accept the apology in exchange for the release.

In South Dakota, a release or release agreement is a legally binding document that absolves one or more parties from further legal responsibility to another party or parties. This type of agreement is often used to settle disputes involving allegations of harm or damage, such as personal injury, property damage, or contractual disputes. The release is usually part of a settlement agreement, which may be reached before, during, or after litigation. The party that is potentially liable (the released party) typically provides compensation or another form of valuable consideration to the party that has been allegedly harmed (the releasing party). This compensation can take various forms, including monetary payment, property, services, or even an apology, depending on what the parties agree upon. It is important for parties in South Dakota to understand that signing a release agreement generally means waiving the right to pursue any further legal action related to the incident in question. As such, it is advisable for individuals to consult with an attorney before entering into a release agreement to ensure their rights and interests are adequately protected.