Common use of Indemnification and Insurance Notice Clause in Contracts

Indemnification and Insurance Notice. Neither Owner nor agent shall be liable for any damage or injury to Resident or any other person, or to any property, occurring in the Unit, the Apartment, or any part thereof, unless such damage or injury is the result of negligence or willful misconduct of Owner or Agent, their agents or employees. Resident shall be responsible for obtaining fire, extended coverage, and liability insurance with respect to the contents of the Apartment. Resident understands that neither Owner nor Agent’s insurance cover Resident’s belongings from losses not caused by Owner or Agent’s negligence and Owner and Agent strongly recommend that Resident obtain an all-risk policy in addition to marking all valuables for “Operation Identification.” Resident may choose, at his/her own risk, to leave personal property in his/her Apartment during holidays/breaks/low occupancy periods. However, Agent and Owner strongly encourage Resident to remove any valuable personal property, lock their doors, and take measures to secure their own personal property.

Appears in 2 contracts

Samples: Housing License, Housing License

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Indemnification and Insurance Notice. Neither Owner nor agent Agent shall be liable for any damage or injury to Resident or any other person, or to any property, occurring in the Unit, the Apartment, Residential Facility or any part thereof, unless such damage or injury is the result of the negligence or willful misconduct of Owner or Agent, their agents or employees. Resident shall be responsible for obtaining fire, extended coverage, and liability insurance with respect to the contents of the ApartmentUnit. Resident understands that neither Owner nor Agent’s insurance cover Resident’s belongings from losses not caused by Owner or Agent’s negligence and Owner and Agent strongly recommend that Resident obtain an all-risk policy in addition to marking all valuables for “Operation Identification.” Resident may choose, at his/her own risk, to leave personal property in his/her Apartment Unit during holidays/breaks/low occupancy periods. However, Agent and Owner strongly encourage Resident to remove any valuable personal property, lock their doors, and take measures to secure their own personal property.. (INITIALS)

Appears in 1 contract

Samples: Housing License Agreement

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Indemnification and Insurance Notice. Neither Owner nor agent Agent shall be liable for any damage or injury to Resident or any other person, or to any property, occurring in the Unit, the Apartment, Residential Facility or any part thereof, unless such damage or injury is the result of the negligence or willful wilful misconduct of Owner or Agent, their agents or employees. Resident shall be responsible for obtaining fire, extended coverage, and liability insurance with respect to the contents of the ApartmentUnit. Resident understands that neither Owner nor Agent’s insurance cover Resident’s belongings from losses not caused by Owner or Agent’s negligence and Owner and Agent strongly recommend that Resident obtain an all-risk policy in addition to marking all valuables for “Operation Identification.” Resident may choose, at his/her own risk, to leave personal property in his/her Apartment Unit during holidays/breaks/low occupancy periods. However, Agent and Owner strongly encourage Resident to remove any valuable personal property, lock their doors, and take measures to secure their own personal property.

Appears in 1 contract

Samples: Resident Housing Contract

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