Contractor intends to perform certain surveying services for client involving subdividing property into lots; and contractor shall be the disclosed agent of client in the preparation and design of a survey subdividing property into smaller lots and the design and location of improvements, including drainage at the direction of client. Client desires to indemnify contractor pursuant to the terms of Agreement in order to induce contractor to perform the requested services.
Indemnification Agreement for Property Survey
Category:
State:
Multi-State
Control #:
US-01618
Format:
Word;
Rich Text
Instant download
Description Jointly And Severally Liable
Free preview Property Survey Sample
How to fill out Property Survey Complete?
Aren't you sick and tired of choosing from countless samples each time you need to create a Indemnification Agreement for Property Survey? US Legal Forms eliminates the wasted time millions of American people spend surfing around the internet for ideal tax and legal forms. Our expert group of attorneys is constantly upgrading the state-specific Templates catalogue, so it always provides the appropriate files for your situation.
If you’re a US Legal Forms subscriber, just log in to your account and click the Download button. After that, the form may be found in the My Forms tab.
Users who don't have a subscription should complete quick and easy actions before having the ability to get access to their Indemnification Agreement for Property Survey:
- Use the Preview function and read the form description (if available) to make sure that it is the best document for what you are looking for.
- Pay attention to the validity of the sample, meaning make sure it's the appropriate sample to your state and situation.
- Utilize the Search field at the top of the webpage if you have to look for another file.
- Click Buy Now and choose an ideal pricing plan.
- Create an account and pay for the service using a credit card or a PayPal.
- Download your sample in a convenient format to complete, print, and sign the document.
As soon as you have followed the step-by-step recommendations above, you'll always be capable of log in and download whatever file you will need for whatever state you need it in. With US Legal Forms, finishing Indemnification Agreement for Property Survey templates or any other legal paperwork is not difficult. Get started now, and don't forget to look at the examples with certified attorneys!
Indemnification Agreement Purchase Form popularity
Survey Agreement Sample Other Form Names
Idemnification Agreement
Severally Liable
Property Survey Form
Property Survey Document
Indemnity Agreement
Property Survey Purchase
Property Survey Order
Property Survey Application FAQ
When the term indemnity is used in the legal sense, it may also refer to an exemption from liability for damages. Indemnity is a contractual agreement between two parties. In this arrangement, one party agrees to pay for potential losses or damages caused by another party.
Generally (but not always), California courts agree to provide indemnity for own negligence if the parties use sufficiently specific and explicit language that is strictly construed against the indemnitee.
With a real estate indemnity agreement, one party is pledging to protect another from any kind of financial loss or from a lawsuit of some kind.With a real estate indemnity agreement, one party, usually the buyer, agrees to take full responsibility for a mistake or a problem caused by the other.
The main difference in this case is that hold harmless may require a party to protect against actual losses as well as potential losses while indemnification protects against actual losses only.
In practice, a hold harmless and an indemnity are functionally equivalent in that both require a party to assume responsibility for losses incurred by another party in connection with certain acts and circumstances. Some argue that while an indemnity shifts losses, a hold harmless shifts both losses and liability.
Generally, indemnification is the buyer's remedy for a breach of any promises made in the purchase agreement or losses incurred relating to specific liabilities outlined in the purchase agreement. Indemnification allocates the risk of various post-closing losses between buyer and seller.
It's still your business decision whether you sign them or not, but you should do so only where it is a critical contract that you have no way of modifying or negotiating changes. In contrast, the best kind of Indemnity Agreement is commonly called a Mutual Indemnity Agreement or a Mutual Hold Harmless Provision.
An indemnity-holder has the right to recover from the indemnifier all incidental costs which he may be compelled to pay in any such suit if, in bringing or defending it, he did not contravene the orders of the promisor, and acted as it would have been prudent for him to act in the absence of any contract of indemnity,