Waiver of Rights

A waiver of rights is a formal way of giving up a legal right or privilege. This can happen when someone voluntarily decides not to exercise a specific right, often in a legal or contractual situation. For example, if you sign a waiver before participating in a risky activity, you agree not to hold the organizers responsible for injuries. Waiving rights doesn’t mean you lose all your rights; it just applies to the specific situation or right you are waiving. It’s important to fully understand what you're giving up before signing any waiver.