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What is an indemnity and hold harmless agreement?

An arrangement whereby one party agrees to absolve a second party from any blame even when damage or injury is caused by negligence of the second party.

What is a hold harmless and indemnity agreement?

Generally, hold harmless agreements are enforceable in California if they are specific. Hold harmless provisions are strictly construed against the party they protect.

Why would a house have a hold harmless agreement?

An Indemnity Agreement (also known as a Hold-Harmless Agreement) protects someone from liabilities, losses, claims, or damages when conducting a service, transaction, or activity with another party.