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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.
Enforceability of Hold Harmless Agreements The general answer is yes, that these documents signing away your right to sue for negligence are legally enforceable.
The agreement must include provisions to neglect any claims, damages, losses, expenses, or any other cause of action to the contractor if any problem or dispute arises in the construction project. Hold harmless agreement protections vary depending on the jurisdictions in which they are being executed.
A hold harmless agreement (or harmless agreement) is a legally binding agreement stating that one party will not hold the other party responsible (or liable) for the risk of physical or property damage.
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.