South Dakota Indemnification of Lessor

State:
Multi-State
Control #:
US-OG-801
Format:
Word; 
Rich Text
Instant download

Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

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FAQ

Some states forbid indemnity clauses that require a party to indemnify another against punitive damages. The policy reason for this is that the party would then be agreeing to compensate another party for actions that are found to be willful, malicious, or intentional.

A premises liability lawsuit holds a property owner responsible for any damages arising out of an injury on that person or entity's property. In all states, owners that occupy a property must make a reasonable effort to maintain a safe environment for visitors to it.

A slip and fall case is a type of premises liability claim. Premises liability cases are personal injury claims where the at-fault party is responsible for an accident and a plaintiff's injuries. In premises liability cases, the negligent party can be the property owner, landowner, or property manager.

Premises liability cases come about when an injury happens on someone's property and is caused by an unsafe or dangerous condition. Premises liability is a type of personal injury case, which means it's based on negligence.

Premises Liability Cases in South Dakota If a reasonable individual is injured due to an unseen obstacle or by no reasonable fault of their own, then the owner can be held responsible for the injuries incurred.

Premises liability cases can be confusing because you will often hear the term negligence involved. In general, a premises liability claim is going to be considered a type of negligence claim that arises from a condition on the real property and not from the negligent activity on the property.

No person with a possessory interest in land, including an owner, lessee, or other occupant, owes any duty of care to a trespasser nor is subject to liability for any injury to a trespasser except as provided in §§ 20-9-11.3 to 20-9-11.6, inclusive. Source: SL 2011, ch 111, § 1.

If these statutes are not involved, one can be indemnified for one's own negligence or strict liability provided the indemnity contract or provision is clear and explicit to the effect that the parties intended the indemnitee to be indemnified against its own negligence or strict liability.

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South Dakota Indemnification of Lessor