Houston Texas Indemnification Agreement for Property Survey

State:
Multi-State
City:
Houston
Control #:
US-01618
Format:
Word; 
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Description

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.

Houston Texas Indemnification Agreement for Property Survey is a legally binding contract designed to protect parties involved in a property survey from potential risks and liabilities. This agreement serves as a means to indemnify (compensate or reimburse) one party (the indemnity) against losses, damages, claims, or legal expenses that may arise during or after the survey process. The Houston Texas Indemnification Agreement for Property Survey addresses a variety of important provisions, such as: 1. Parties involved: This section identifies the parties entering into the agreement, including the property owner, the surveyor, and any other relevant stakeholders. 2. Scope of work: This section outlines the specific services to be provided by the surveyor. It may include boundary surveys, topographic surveys, land title research, easement analysis, or any other necessary surveying tasks. 3. Timeframe and payment: The agreement specifies the timeframe for completing the survey and the terms of payment, including any deposits, milestones, or final payments. 4. Insurance requirements: The indemnification agreement may require the parties to carry specific insurance coverage, such as professional liability insurance, general liability insurance, or errors and omissions insurance. This provision helps protect all parties in case of unforeseen incidents or accidents during the survey. 5. Indemnification clause: The most crucial aspect of this agreement is the indemnification clause. It states that the surveyor shall indemnify and hold harmless the property owner from any claims, losses, damages, or expenses (including legal fees) resulting from the surveyor's errors, omissions, negligence, or any breach of duty. 6. Governing law: This section establishes that the agreement is governed by the laws of the state of Texas, specifically mentioning Houston. Different types of Houston Texas Indemnification Agreement for Property Survey may include variations in the scope of work, insurance requirements, indemnification provisions, or additional terms specific to certain types of properties or survey situations. For example: — Residential Property Indemnification Agreement: Tailored for residential properties, this type of agreement may focus on boundary surveys, floodplain analysis, or verification of property lines. — Commercial Property Indemnification Agreement: Designed for commercial properties, this agreement might address more complex survey needs, such as construction preparation, zoning analysis, or utility coordination. — Industrial Property Indemnification Agreement: Specifically crafted for industrial properties, this type of agreement may encompass surveying services related to oil and gas exploration, large-scale infrastructure development, or environmental impact assessments. — Agricultural Property Indemnification Agreement: This agreement may concentrate on surveying aspects of farmland, including soil mapping, irrigation systems, or natural resource analysis required for efficient agricultural operations. In summary, the Houston Texas Indemnification Agreement for Property Survey is a vital legal document designed to protect parties involved in a property survey from potential risks and liabilities. It ensures that the surveyor takes responsibility for any errors or negligence and indemnifies the property owner against resulting damages. Different types of agreements exist to accommodate various survey requirements based on property type and specific surveying needs.

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FAQ

2254.0031. INDEMNIFICATION. (a) A state governmental entity may require a contractor selected under this subchapter to indemnify or hold harmless the state from claims and liabilities resulting from the negligent acts or omissions of the contractor or persons employed by the contractor.

Unless the Texas Legislature by resolution permits a suit against the State, the State is not authorized to pay claimants and likewise is unable to indemnify a third party for the expenses associated with defending against such a claimant since such an indemnity would be an unauthorized grant of public monies to the

The Company shall indemnify, defend, and hold harmless the Ramot Indemnitees against any liability, damage, loss, or expense (including reasonable attorneys fees and expenses of litigation) incurred by or imposed upon any of the Ramot Indemnitees in connection with any third party claims, suits, actions, demands or

The most common example of indemnity in the financial sense is an insurance contract. For instance, in the case of home insurance, homeowners pay insurance to an insurance company in return for the homeowners being indemnified if the worst were to happen.

It's a clause that contractually obligates one party to compensate another party for losses or damages that have occurred or could occur in the future. a contract by which one engages to save another from a legal consequence of the conduct of one of the parties, or of some other person.

An indemnity agreement is a contract that protects one party of a transaction from the risks or liabilities created by the other party of the transaction. Hold harmless agreement, no-fault agreement, release of liability, or waiver of liability are other terms for an indemnity agreement.?

44 states have enacted anti-indemnity statutes. In 2011, the Texas Legislature enacted the Texas Anti- Indemnity Act, which limits and makes void certain liability shifting agreements. The Act became effective January 1, 2012. Codified in Texas Insurance Code Section 151.001 to 151.151.

Similarly, an agency may indemnify up to the amount of the other party's insurance deductible, as this amount is known at the agreement's inception. National Railroad Passenger Corp. v. United States, 3 Cl.

?The Parties expressly acknowledge that the City's authority to indemnify and hold harmless any third party is governed by Article XI, Section 7 of the Texas Constitution, and any provision that purports to require indemnification by the City is invalid.

However, public entities, such as the City, generally will not mutually indemnify, and will take the position that they cannot do so under state law. This is because an indemnification is a contingent claim in an unknown dollar amount.

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The seller in contracts of sale of commercial real estate. Rental properties.Before moving into a rental property, a landlord might require the tenant to sign an indemnity clause in the lease agreement. Uncommonly high risk of bodily injury or property loss. An attendance form and survey will pop-up after you exit the webinar. "Development Assistance Contract" means this agreement. Right of way forms related to access, appraisal, eminent domain, negotiations, property management, relocations, and utilities. Indemnification -- For use in materials transfer agreements - University receiving. Please fill out the Fillable PDF form below.

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Houston Texas Indemnification Agreement for Property Survey