Common use of CONFIDENTIAL REPORT Clause in Contracts

CONFIDENTIAL REPORT. The inspection and report is being prepared for You, for Your own information and may not be used or relied upon by any other person unless that person is specifically named by Us in this Agreement as a beneficiary of the report, in which case the report may also be used by the additional beneficiary We have named. You agree to maintain the confidentiality of the report and reasonably protect the report from distribution to any other person. If you directly or indirectly cause the report to be distributed to any other person, You agree to indemnify, defend and hold Us harmless if any third party brings a claim against Us relating to our inspection or the report. By initialing here ( ), You authorize Us to distribute copies of the Inspection report to the real estate agent(s) and/or mortgage company directly involved in this transaction, but they are not designated beneficiaries of the report or this agreement, intended or otherwise.