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How to Rotate Pages Hold Harmless Agreement

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The text discusses the "hold harmless" clause outlined in paragraph seven of a legal document, specifically on page 157. The speaker suggests writing "hold harmless" in that paragraph, emphasizing its importance. The clause requires sellers to protect and indemnify agents if they provide false information, such as claims about the condition of the property (e.g., roofing, plumbing, electrical systems). The speaker points out that agents are likely to trust sellers' statements and reflect them in marketing materials. If a seller misrepresents a property's condition, the hold harmless clause ensures that the seller is responsible for any resulting issues or damages faced by the agent.

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What is an example of hold harmless agreement?

An apartment lease may have a hold harmless clause stating that the landlord is not responsible for any damage caused by the tenant. A homeowner hiring a roofer might request a hold harmless agreement to protect against a lawsuit if the roofer falls off the roof.

What is an example of an indemnify and hold harmless clause?

The Contractor shall defend, indemnify and hold the County, its officers, officials, employees and volunteers harmless from any and all claims, injuries, damages, losses or suits including attorney fees, arising out of or in connection with the performance of this Agreement, except for injuries and damages caused by

What are examples of hold harmless clause?

An apartment lease may have a hold harmless clause stating that the landlord is not responsible for any damage caused by the tenant. A homeowner hiring a roofer might request a hold harmless agreement to protect against a lawsuit if the roofer falls off the roof.

What is a standard indemnification and hold harmless clause?

What is an Indemnification And Hold Harmless Agreement? An indemnification and hold harmless agreement is an agreement that limits the liability of one or more parties to a contract. This agreement is used to establish protection from liabilities, losses, claims, or damages for one or both of the parties.

How do you complete a hold harmless agreement?

How to fill out a hold harmless agreement The date of the agreement. The name of the person held harmless or protected, with their address. The name of the other party to the agreement, with their address. Details about the activity or event the agreement is about, such as horseback riding or country club membership.

What are the elements of a hold harmless agreement?

Details of the location and who will be holding the event or activity. Details about the event or activity itself covered by the agreement (for example, construction, horseback riding, etc.) Date the agreement should take effect and how long it will last. Signatures of all parties and the date the agreement is signed.

What is an example of indemnification clause?

This is an example of what a typical indemnification clause can look like: Party A will perform work at own risk, and indemnifies Party B against all loss, damages, expense, and liability resulting from injury to property. In this example, Party A is agreeing that even if Party B would have been found liable for an

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Rotate Pages Hold Harmless Agreement