What is the Alabama SR-58 form?
The Alabama SR-58 form is a legal document used by the Alabama Department of Public Safety. It is a general release form that’s filled out when a full release from liability is agreed upon after an accident. By signing this form, the person (releasor) agrees to not pursue any further claims against the other party (releasee) for damages resulting from the accident. Once executed, this release cannot be canceled.
When should the Alabama SR-58 form be used?
The SR-58 form should be used when all parties involved in an accident have come to an agreement regarding the settlement of all potential claims for damages. It officially documents that a settlement has been reached and that the releasor will not seek any additional compensation related to the accident. This form is typically used after the resolution of disputes over vehicle accidents within Alabama.
What are the requirements for the Alabama SR-58 form to be valid?
For the SR-58 form to be considered valid, it must be either notarized or properly witnessed by two individuals who are over eighteen years old and not parties to the release. If the release is notarized, the notarization must be completed by a licensed notary public. If opting for witnesses instead of notarization, the witnesses’ addresses must be provided on the form. Additionally, if the release is obtained from the insurance company of the claimant, a subrogation or proof of loss must be furnished.
Can the Alabama SR-58 form be canceled once it is executed?
No, once the Alabama SR-58 form is executed, it cannot be canceled. The form serves as a final agreement between the parties involved, stating that the releasor gives up all future claims against the releasee for damages related to the specified accident. This is designed to provide closure and legal certainty to both parties involved.
What should I do with the Alabama SR-58 form after it has been completed?
After the Alabama SR-58 form has been properly completed, either notarized or witnessed, it should be returned to the Driver License Division, Safety Responsibility Unit at the specified address in Montgomery, AL. This step is crucial as it informs the Alabama Department of Public Safety that an agreement has been reached, allowing them to update their records accordingly. It is also advisable to keep a copy of the completed form for your records.
Does the Alabama SR-58 form need to be notarized?
The SR-58 form does not necessarily need to be notarized if it is properly witnessed by two persons over eighteen years of age who are not part of the agreement. However, if it is not witnessed, then it must be notarized to be considered valid. Whether by notarization or by being witnessed, these steps ensure the authenticity of the signatures on the document and the agreement it represents.