A Hold Harmless Agreement is a legal contract in which one party releases another party from legal or financial responsibility. The purpose of the document is to provide a party with a liability waiver. The agreement can be presented as a separate document or as a clause, that can be included by parties in another legal contract (for example, it can be included in a lease agreement).
Alternate Names:
This document is similar to an Indemnity Agreement, a type of an agreement in which an Indemnitor is agreeing to compensate for the potential loss of an indemnitee. Despite the resemblance, a Hold Harmless and Indemnity Agreement serve different purposes and are considered to be different kinds of documents by the majority of specialists.
A Hold Harmless Agreement template can be downloaded below or you can make your own using our online form builder.
Completing the document is a complicated and time-consuming process since there are a lot of important things that should be taken into account. A common Hold Harmless Agreement should contain the following:
Parties can include other sections in their agreement, such as governing law, severability, information about their representatives, jurisdiction, expenses, and other things that they have agreed on.
Often individuals think that signing a Hold Harmless Agreement will completely protect them from any kind of litigation, or will guarantee a decision that will support their side. However, this is not quite right. Whether the Harmless Agreement will stand in court depends on a lot of aspects, which can include the following:
Not the form you were looking for? Check out these related documents:
Pressing the PRINT button will only print the current page. Download the document to your desktop, tablet or smartphone to be able to print it out in full.