A Release of Liability Letter is an official document that allows a business to protect itself from legal liability. It typically states that the business is not responsible for any damages, injury, or losses caused by the actions of its customers, employees, or other stakeholders. The key point of this document is to protect the business from any potential losses or legal action in the event of an incident occurring. By signing this letter, the customer, employee or stakeholder agrees to absolve the business from any responsibility in case of such an event occurring. This document should be crafted in a clear and unambiguous way, so all parties involved understand their rights and obligations.