This paper puts forth a class of algebraic structures, relativized Boolean algebras (RBAs), that provide semantics for propositional logic in which truth/validity is only defined relative to a local domain. In particular, the join of an event and its complement need not be the top element. Nonetheless, behavior is locally governed by the laws of propositional logic. By further endowing these structures with operators—akin to the theory of modal Algebras—RBAs serve as models of modal logics in which truth is relative. In particular, modal RBAs provide semantics for various well-known awareness logics and an alternative view of possibility semantics.