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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.
What is a Hold Harmless Agreement? A Hold Harmless Agreement is a legal contract that states that one or both signers will not hold the other party responsible for injuries or damage.
How to Fill Out a Hold Harmless AgreementThe date of the agreement.The name of the person held harmless or protected, with their address.The name of the other party to the agreement, with their address.Details about the activity or event the agreement is about, such as horseback riding or country club membership.More items...
Enforceability of Hold Harmless Agreements The general answer is yes, that these documents signing away your right to sue for negligence are legally enforceable.
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.