This form is a Hold Harmless Agreement. The form provides that the agreement is mutual and each party holds the other harmless and releases the other from all liability arising from the activity involved.
Harmless Agreement With Contractors
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Multi-State
Control #:
US-01708-AZ
Format:
Word;
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FAQ
An apartment lease may have a hold harmless clause stating that the landlord is not responsible for any damage caused by the tenant. A homeowner hiring a roofer might request a hold harmless clause to protect against a lawsuit if the roofer falls off the roof.
A hold harmless agreement protects business owners from being sued when someone suffers damage, bodily injury, or financial loss on business property or while a service is being provided.
A hold harmless agreement protects business owners from being sued when someone suffers damage, bodily injury, or financial loss on business property or while a service is being provided.
What should be included in a Contractor Agreement?Statement of Relationship.Project Description.Payment and Billing Terms.Responsibilities of Each Party.Project Timeline and Deadlines.Termination Conditions.Nondisclosure Terms, and Confidentiality and Non-Compete Clauses.
A hold harmless agreement in a construction contract is a clause that states one party (usually the subcontractor) will not hold the other party (usually the GC or project owner) legally or financially responsible for losses incurred or accidents and negligence caused to the other party while under the contract.
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Contractors often add hold harmless clauses to their contracts to protect their businesses against potential liability arising from their work. When should a business use a hold harmless agreement?You hire a construction company to renovate your storefront.