Hold harmless and indemnity agreement
This is an indemnity agreement between any two individuals or businesses. The agreement seeks to absolve one party from any liability or risk caused by the other party. Put another way, an indemnity agreement governs who pays for damage or loss.
- Solicitor approved
- Plain English makes editing easy
- Guidance notes included
- Money back guarantee
About this document
This document is required where parties enter into an arrangement and one of them helps the other to secure a loan from the bank over the property being sold. The ‘other’ withdraws from the arrangement and the loan arrangement is subrogated. This agreement safeguards the interests of both the parties against any action by the bank or any other entity / authority.
Application and features
- Ready for adaptation to particular needs of either or both parties;
- Comprehensive provisions provide ideas;
- Real law in simple English;
- Registration and stamp requirements defined.
- Representations of the parties;
- Appropriate legal provisions - warranties, exclusions, indemnities;
- Restrictive covenants.
"Easy and fulfilled my needs. The documents are accepted by the other parties solicitors without my waiting for my own solicitors to act. Professional documents, easy to use saved my time and money."Roy Butterworth
"I was recommended to you some time ago - many thanks for an excellent document. I have you in my "favourites" Easy to navigate website - clearly displayed and simple to understand. Very easy to use and edit document in clear English. It has enabled me to present a professional and relevant document to my customers with ease. I will recommend Net Lawman due to easy to use website, documents in clear English and easy to edit, very reasonable and prompt."Martha Walker
"The document was clear to read, easy and quick to use. I will recommend Net Lawman due to ease of usability."Clive Bonny