Common Contracts
1 similar Hold Harmless Agreement contracts
Hold harmless agreement real estate transactionHold Harmless Agreement • April 25th, 2023
A hold harmless agreement is a clause in a legal contract absolving one party of legal liability for any injuries or damages suffered by another party. It ensures that one party cannot hold the other party legally responsible for any risks incurred from services provided. A business may add a hold harmless agreement to a contract when the service being retained involves risks that the business does not want to be held responsible for legally or financially. basic maths tricks pdf A hold harmless agreement is also known as a hold harmless clause or hold harmless provision. Alternatively, it is sometimes called an indemnity agreement. A hold harmless agreement is used to protect a party in a contract from liability for damages or losses.In signing such an agreement, the other party accepts responsibility for certain risks involved in contracting for the service.Hold harmless agreements are more common in business transactions involving dangerous sports, real estate, construction, and oth
