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 Vermont, a release or release agreement is a legally binding document that absolves one or more parties from further liability to another party or each other. This type of agreement is often used to settle disputes without going to court or to finalize the resolution of a claim or lawsuit. The party that believes they have been wronged (the releasing party) agrees not to pursue any further legal action against the party they believe has caused them harm (the released party), typically in exchange for compensation. This compensation can take various forms, such as a monetary payment, property transfer, services, or even an apology, depending on what the parties agree upon. The effectiveness of a release agreement in Vermont depends on it being executed properly, with clear language that specifies the scope of the release, and it must be entered into voluntarily by competent parties. It is important to note that certain claims may not be subject to release, such as claims for future negligence or intentional misconduct that were not known at the time the release was signed. As with any legal document, it is advisable to consult with an attorney to ensure that the release agreement is valid and enforceable under Vermont law and that it adequately protects the interests of the parties involved.