Common Contracts
1 similar Mutual Indemnification Agreement contracts
FEDERAL STANDARD ABSTRACTMutual Indemnification Agreement • July 6th, 2005
Traditionally, obtaining clearance for an exception to title which should have been resolved when a prior title insurance policy on the same property was issued can be a torture. In July 2003, the Mutual Indemnification Agreement (hereinafter called “Agreement”) was signed by a number of underwriters in New York State. The purpose of this Agreement is to streamline the process. This Agreement was expanded effective April 1, 2005 with the execution of the First Amended and Restated Mutual Indemnification Agreement (hereinafter called “Restated Agreement”).
