What is a hold harmless agreement?

Answer When a business professional or vendor is involved in a transaction that has some degree of risk that something could go wrong, he will usually include a hold harmless agreement with the paperwork.... Read More »

Top Q&A For: What is a hold harmless agreement

Hold Harmless and Indemnity Agreement?

Few contractual clauses offer more protection or are as misunderstood as the hold harmless, or indemnity, clause. Whether incorporated into a larger contractual agreement or signed as a separate ag... Read More »

What is a hold harmless indemnity?

Hold harmless indemnity is one of the most important concepts used in business law today. In its simplest form, hold harmless indemnity removes liability from one party by transferring that liabil... Read More »

Should lease have a hold harmless clause?

No. Hail damage to a car is covered by the comprehensive (sometimes called "other than collision" or "comp") portion of your auto insurrance policy.

How long can a property management company hold the owner's reserve funds once the property management agreement has been terminated?

This time period may or may not have been defined in your contract. Call other property managers in the same industry in your locale, and ask the question about the time period.Then, send a letter ... Read More »