The North Carolina Owner/Borrower/Contractor Affidavit and Indemnification Agreement is a legal document that is used to protect the interests of all parties involved in a construction project. This agreement is used to ensure that all parties involved in a construction project are aware of the liabilities they may incur and take responsibility for their actions. The agreement is typically signed by the owner/borrower and the contractor, and states that the contractor will indemnify the owner/borrower for any type of damages or losses resulting from the contractor’s performance. The agreement also outlines the contractor’s obligations and the owner/borrowerriftinghtin regard toto the construction project. The North Carolina Owner/Borrower/Contractor Affidavit and Indemnification Agreement is typically used in residential construction projects, such as building a home or a commercial building. There are two different types of North Carolina Owner/Borrower/Contractor Affidavit and Indemnification Agreement; the first is a standard agreement and the second is a custom agreement. The standard agreement is a generic form that is used in most cases, while the custom agreement is tailored to the specific needs of the owner/borrower and the contractor.
North Carolina Owner/Borrower/Contractor Affidavit and Indemnification Agreement
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