Wake North Carolina Hold Harmless Agreement for Real Estate

• Category: Contracts - Hold Harmless
• State: Multi-State
• County: Wake
• Control #: US-01708-AZ-4
• Format: Word; Rich Text

Description

This form is a Hold Harmless Agreement. The form provides that the agreement is mutual and each party holds the other harmless and releases the other from all liability arising from the activity involved. A Wake North Carolina Hold Harmless Agreement for Real Estate is a legal document that protects parties involved in a real estate transaction from any potential liabilities or damages that may arise during the course of the transaction. This agreement ensures that one party agrees to indemnify, defend, and hold harmless the other party from any claims, losses, or expenses that may occur as a result of their actions or omissions. There are various types of Wake North Carolina Hold Harmless Agreements for Real Estate, each designed to address specific situations and provide adequate protection for all parties involved. Some common types include: 1. General Holds Harmless Agreement: This type of agreement is used when the parties want to waive any claims or liabilities arising from ordinary negligence or actions that are not intentional or grossly negligent. 2. Mutual Hold Harmless Agreement: In this agreement, both parties agree to indemnify and hold harmless each other from any claims or liabilities. 3. Contractor Holds Harmless Agreement: This agreement is often used when a contractor is hired for construction or renovation projects on a property. The contractor agrees to hold the property owner harmless from any claims or damages that occur during the project. 4. Landlord Holds Harmless Agreement: This agreement is signed between a landlord and tenant, protecting the landlord from any liabilities or damages that may occur due to the tenant's actions or negligence. 5. Real Estate Agent Hold Harmless Agreement: This type of agreement is entered into between a real estate agent and a client. The agreement ensures that the agent is not liable for any damages or losses incurred during the course of the transaction. Keywords: Wake North Carolina, Hold Harmless Agreement, Real Estate, liabilities, indemnify, defend, claims, losses, expenses, parties, legal document, transaction, protection, omissions, negligence, intentional, grossly negligent, mutual, contractor, renovation projects, landlord, tenant, real estate agent, client.

A Wake North Carolina Hold Harmless Agreement for Real Estate is a legal document that protects parties involved in a real estate transaction from any potential liabilities or damages that may arise during the course of the transaction. This agreement ensures that one party agrees to indemnify, defend, and hold harmless the other party from any claims, losses, or expenses that may occur as a result of their actions or omissions. There are various types of Wake North Carolina Hold Harmless Agreements for Real Estate, each designed to address specific situations and provide adequate protection for all parties involved. Some common types include: 1. General Holds Harmless Agreement: This type of agreement is used when the parties want to waive any claims or liabilities arising from ordinary negligence or actions that are not intentional or grossly negligent. 2. Mutual Hold Harmless Agreement: In this agreement, both parties agree to indemnify and hold harmless each other from any claims or liabilities. 3. Contractor Holds Harmless Agreement: This agreement is often used when a contractor is hired for construction or renovation projects on a property. The contractor agrees to hold the property owner harmless from any claims or damages that occur during the project. 4. Landlord Holds Harmless Agreement: This agreement is signed between a landlord and tenant, protecting the landlord from any liabilities or damages that may occur due to the tenant's actions or negligence. 5. Real Estate Agent Hold Harmless Agreement: This type of agreement is entered into between a real estate agent and a client. The agreement ensures that the agent is not liable for any damages or losses incurred during the course of the transaction. Keywords: Wake North Carolina, Hold Harmless Agreement, Real Estate, liabilities, indemnify, defend, claims, losses, expenses, parties, legal document, transaction, protection, omissions, negligence, intentional, grossly negligent, mutual, contractor, renovation projects, landlord, tenant, real estate agent, client.