Common use of ASSUMPTION OF RISK AND RELEASE FROM LIABILITY Clause in Contracts

ASSUMPTION OF RISK AND RELEASE FROM LIABILITY. 1. The University does not assume responsibility for the loss of money or valuables belonging to the Resident or any third parties, for any loss to person(s), or for any loss of or damage to personal property. It is recommended that the Resident maintain adequate public liability insurance coverage and renter’s insurance coverage for Resident’s personal property. 2. Personal property remaining in the apartment after the Resident vacates or abandons the apartment will be considered abandoned property and disposed of by OHRL within 24 hours. The Resident will be billed for any cost associated with such disposal. The University does not provide storage for personal belongings. 3. You understand that by residing in OHRL housing, you are assuming the risks associated with communal living and, as in any shared living environment, those risks include potential exposure to contagious viruses, including COVID-19. You agree to release and fully discharge the Trustees of Indiana University, its agents, and employees from any and all damages, liability, claims, expenses (including attorney’s fees), or losses (collectively, “Claims”) related in any way to your use of space within OHRL Housing, including those related to the potential or actual exposure to contagious viruses like COVID-19, and to indemnify and hold harmless the University, its agents, and employees from any Claims related in any way to your breach of the terms and conditions of your Contract, or a breach by any third party, including, but not limited to other residents, of an applicable housing contract.