Common Contracts
1 similar Indemnity Agreement contracts
Indemnity agreement real estate templateIndemnity Agreement • December 18th, 2020
An Indemnity Agreement, also known as a Harmless Accord, helps protect a person who hires a contractor of liability in the event that contractors harmful themselves while working for them. It acts as a form of insurance, and it allows people to work together who might otherwise not be able because of their potential risks. 1. What is a Harmless Hold Agreement? An Indemnity Agreement is commonly used between rental car companies and drivers. A Holding Harmless Agreement (or an Indemnity Agreement) is a legal document that transfers the risk of one party, the promise, to another party, the Promise. Promises to indemnify or keep the Promise safe against future claims, losses or damages related to a particular activity. A simple Indemnity Agreement will identify the following basic elements: Promises: names and addresses of individuals or corporations that make the promise to indemnify promises: name and address of the person or corporations that reporde activity to indemnity: the contract
