Waterlily is a free handwriting font inspired to watercolour painting, exclusively released by TheHungryJPEG. It includes over 80 different hand drawn characters for a range of languages and dialects. It is available for both personal and commercial use (no extended license is required).
This fonts are authors' property, and are either shareware, demo versions or public domain. The licence mentioned above the download button is just an indication. Please look at the readme-files in the archives or check the indicated author's website for details, and contact him if in doubt. If no author/licence is indicated that's because we don't have information, that doesn't mean it's free.