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A Hold Harmless Agreement is a legal contract designed to protect one party from liability based on the actions of another party. A Hold Harmless Agreement may be used in a variety of situations, such as when one party is using the property or facilities of another, one party is performing services for another, or one party is participating in an activity hosted by another party. A Hold Harmless Agreement is most commonly used in a business transaction where one party agrees not to hold the other party responsible for any damage or liability that may occur during the transaction.
A Hold Harmless Agreement may not be valid if one of the parties performs actions in a negligent or intentionally bad manner, or if one of the parties has committed a fraudulent or criminal act.
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∙ 13y ago
A hold harmless agreement is a legal contract between two parties where one party agrees not to hold the other party liable for any damages, losses, or expenses that may arise from their participation in an activity or transaction. It is commonly used in situations where there is a risk of injury or damage, such as in sports events, construction projects, or business transactions.
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What is the synonym of detain?
The synonym of detain is to hold, confine, or imprison.
Can interest in undivided propery be gfted to a crt?
Yes, interest in undivided property can be gifted to a trust. This can be achieved by transferring the ownership of the property to the trust, which would then hold the interest on behalf of the beneficiaries according to the terms outlined in the trust agreement. It is important to consult with a legal professional to ensure that the gifting process is carried out correctly.
Does the Residuary estate go to all siblings on the will or can it go on a verbal agreement with the mother and all siblings present that divides the property equally?
The residuary estate will be distributed according to the terms and conditions specified in the will. Any verbal agreement made among family members does not hold legal weight and will not override the instructions in the will. It is essential to follow the legal procedures outlined in the will to ensure the proper distribution of the estate.
Can a minor hold the lien on real-estate property?
In most cases, a minor cannot hold a lien on real estate property because they lack the legal capacity to enter into a binding contract. However, a guardian or parent may be able to hold the lien on behalf of the minor until they reach the age of majority.
What is the legal age to move out of your parents house in the UK?
A child may move out at 16 if they have their legal guardian's permission. If the child does not have permission to move out at 16, they can still do so, but the guardians can get a court order to make the child move back home (this rarely happens). In terms of renting: A child (classed as a person under 18 years of age) cannot legally hold a tenancy agreement, therefore they would need to arrange a joint tenancy (where one of the holders is an adult) or a tenancy in trust where an adult (such as a friend or Social Services) will hold the tenancy on the child's behalf.
Where I can get a hold harmless agreement?
You can obtain a generic Hold Harmless Agreement from many off the shelf Software suites offering legal forms at your local Computer software vendor.
Where can i find a free hold harmless agreement for repossessing cars?
in the sewer
What does defend mean in the phrase indemnify defend and hold harmless?
It is a legal term which covers who pays for what in the event of litigation. In a construction contract setting, generally, the owner will require the contractor to indemnify, defend and hold them harmless in the event of a claim attributable to the work. Separately they mean: Indemnify - reimburse costs for defense of the claim Defend - control the defense of the claim Hold Harmless - agreement to not hold the owner liable for costs the contractor incurs as a result of defending the claim
Are kiwis harmless to humans?
Yes, they are completely harmless. They hold no threat for humans.
Can an employer make you use your own insurance if you were injured on the job?
depends ..... are you an employee, a sub-contractor or engaged under some other scheme. also, have you signed a 'hold-harmless' agreement?
What is a hold harmless agreement?
Also called an "indemnification", this type of agreement protects someone from being sued because of what a third person does to the victim. For example, before I let you clean the floors of my office, you will have to indemnify me (hold me harmless) if you negligently leave a dangerous condition that injures a visitor. The visitor sues me, I invoke indemnification, you pay all my legal bills and any damages awarded by the court.
What does it mean for you to indemnify an insurance company and hold them harmless?
It refers to your agreement that, if the insurer pays you a sum of money, and there comes along another person or entity that also asserts an entitlement to all or a part of that money, that you will indemnify and hold the insurer harmless from that claim. Indemnity is a legal theory that one will pay, on behalf of another, that which the other party may owe. To hold harmless means essentially the same thing but is often used to extend the obligation to the payment of attorney's fees and attending costs.
What is a sidetrack agreement?
A type of hold harmless agreement usually between a property owner and the RR. If the owner wants a special sidetrack, the RR requires the owner to assume responsibility for certain losses for property damage or injury arising from the use of the track, even if the RR is at fault.
Is holding urine for 8 hours harmless?
it depends on where you are holding it, if you try to hold it on my face, it's not harmless.
What are the differences in the legal definitions of save harmless hold harmless and indemnify?
There is no substantial difference among the three terms.
If 2 defendants and one settles whose name should be in the caption of the hold harmless agreement the one settling or the remaining defendant or both against whom the suit was brought?
If I understand the question correctly - the one who settled will appear in the "hiold blameless" category.
What does hold harmless mean in a divorce?
A "hold harmless" clause, or an indemnification clause, whether in a document related to a divorce or otherwise, is a common contractual provision which generally says that A will hold B harmless from something that would otherwise cost B money. Very often a "hold harmless" clause is used when there is a potential claimant who has a legal right to make his claim against B, even though A bears some or all of the legal or moral responsibility. In a divorce action, for example, a "hold harmless" provision might be used when the husband agrees to hold the wife harmless from liability to the IRS. The law provides that when a husband and wife file a joint return both are generally legally responsible for any any underpayment, including interest and penalties, and the IRS can decide to collect the amount due from either one. If, however, only the husband had income, and only he was aware of what should have been reported and what taxes should have been paid, his lawyer may advise him that it would be fair for him to agree in a divorce settlement to hold his wife harmless from any IRS action. If the settlement contains such a clause, then even if the IRS were to bring proceedings only against the wife, and even if the IRS collected from the wife (by payment, garnishing wages or executing against other property she owns), the husband would be required to pay to the wife everything she had to pay. The details of the hold harmless agreement will often provide whether interest, legal fees, or even the value of the wife's time is included. It should also provide a means for the husband to receive notice if the IRS contacts the wife, and make it clear which of the two parties has the right or the obligation to negotiate with the IRS or to make decisions about the handling of the case. Often a "hold harmless" clause will be subjected to limitations. For example, the parties may agree, that any harm less than some minimum amount is not going to be reimbursed, or that no more than some maximum amount can be collected. The parties may also agree that the reimbursing party post a bond, or pay a certain amount into escrow, or to a trustee so that funds will be readily available. The parties may set time limits for the "hold harmless" claim to be made, and they may decide to agree that if a dispute regarding the "hold harmless" clause arises between them that they will settle the matter through arbitration instead of going to court. In complex situations, such as when a company sells a part of its business, the "hold harmless" provisions can take many pages to set out, since the parties are trying to make an agreement about how to deal with every situation that may possibly arise. Although there are many available examples of language that has been used by others, there is no single form that is in general use, and no formula that is required by law. The parties must each imagine what harm could come to them which, in fairness, should be the responsibility, in whole or in part, of the other, and that analysis forms the basis for negotiating a "hold harmless" clause.
