Certify Sign Hold Harmless (Indemnity) Agreement For Free

If a construction company or independent contractor is doing work at your business property, the company may have you sign a hold harmless clause to avoid being legally liable for any injuries resulting from the construction work.

A hold harmless clause is used as a release of liability in a contract that protects one party from injury or property damage caused by another party. By signing the clause, the other party is agreeing not to hold business owners legally responsible for the risks involved in certain services.

A party should consider entering into an indemnity agreement when dealing with another party that will be engaged in an action that may create risk. Such agreements may be incorporated into master services agreements or sales contracts or these can exist as a standalone document as well.

An agreement whereby the first party (the indemnitor) agrees to hold a second party (the indemnitee) harmless from tort liability arising out of the indemnitor's negligent act or omission.

Benefits of using hold harmless agreements Lowering your lawsuit risk: Businesses with hold harmless agreements get sued less often. Reducing your legal expenses: Since firms with hold harmless agreements are sued less frequently, they don't need to hire attorneys as often.

If a construction company or independent contractor is doing work at your business property, the company may have you sign a hold harmless clause to avoid being legally liable for any injuries resulting from the construction work.

A hold harmless clause is used as a release of liability in a contract that protects one party from injury or property damage caused by another party. By signing the clause, the other party is agreeing not to hold business owners legally responsible for the risks involved in certain services.