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.
hold, arrest, confine, restrain, imprison, intern, take prisoner, hold in custody
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.
The residuary estate is usually addressed in the residuary clause in the will. If the residuary estate is not addressed in the will then the residuary passes to the next-of-kin as intestate property according to the laws of intestacy. Distribution of an estate is governed by statute and not by any verbal agreements. A beneficiary can waive their rights to distribution but it must be done in writing and filed with the estate.
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.
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.
You can obtain a generic Hold Harmless Agreement from many off the shelf Software suites offering legal forms at your local Computer software vendor.
in the sewer
In a contract agreement, "indemnify" means to compensate for any losses or damages, while "hold harmless" means to not hold someone legally responsible for certain actions or outcomes.
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
Yes, they are completely harmless. They hold no threat for humans.
depends ..... are you an employee, a sub-contractor or engaged under some other scheme. also, have you signed a 'hold-harmless' agreement?
To indemnify and hold harmless in a legal context means to protect someone from financial loss or legal responsibility for certain actions or situations. It involves one party agreeing to compensate or protect another party from any damages, liabilities, or costs that may arise from a specific situation or 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.
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.
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.
it depends on where you are holding it, if you try to hold it on my face, it's not harmless.
There is no substantial difference among the three terms.