Legal Definitions - releaser

Definition: A releaser, also known as a releasor, is a person who gives up their ownership or claim to a property or asset to another person.

Example: John signed a release form to transfer ownership of his car to his brother. In this case, John is the releaser because he is giving up his ownership of the car to his brother.

Explanation: The example illustrates the definition of a releaser because John is releasing his claim to the car and transferring ownership to his brother. The term releaser is often used in legal contexts, such as when signing a release form or relinquishing ownership of a property.