A Letter of Release of Responsibility is an official business document used to absolve one party from responsibility or liability associated with a particular obligation. It’s typically used when someone wishes to be freed from duties or responsibilities related to an agreement, contract, or other legal document that they have signed. The letter serves as formal proof that the signer has been released from this answerability and is no longer responsible for meeting the terms of the document. When written correctly and legally binding, this type of letter can help protect both parties involved in any transaction.