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VILLAGE OF EAST HILLS INCORPORATED JUNE 24, 1931 209 HARBOR HILL ROAD EAST HILLS, N.Y. 11576 TELEPHONE: (516) 621 5600 Faxes: (516) 625-8736 INDEMNITY AND HOLD HARMLESS AGREEMENT TO BE COMPLETED BY
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How to fill out indemnity and hold harmless

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How to Fill Out Indemnity and Hold Harmless:

01
Firstly, start by reading the document carefully and understanding its purpose. Indemnity and hold harmless agreements are legal contracts that protect one party from liability or damage claims arising from a specific situation or event.
02
Make sure to identify and accurately describe the parties involved. Include their legal names, contact information, and any relevant identification numbers or details required.
03
Specify the scope of the agreement by clearly stating the situations or events to which the indemnity and hold harmless provision applies. This may include activities, services, or transactions that could potentially result in harm or liability.
04
Clearly outline the obligations and responsibilities of each party. This may involve detailing the actions that need to be taken to prevent harm or minimize risks. Additionally, specify any insurance requirements or other financial protection measures that need to be in place.
05
Include specific language regarding the release of claims. Indemnity and hold harmless agreements often include provisions that waive one party's right to pursue legal action against the other party for any losses or damages that may occur.
06
Consider including a provision for attorney fees and legal expenses in the event of a dispute. This can help ensure that the responsible party covers the costs associated with defending against legal claims arising from the agreement.

Who Needs Indemnity and Hold Harmless:

01
Businesses or Individuals Engaging in Risky Activities: Industries such as construction, manufacturing, and sports often require individuals or entities to sign indemnity and hold harmless agreements due to the inherent risks involved.
02
Service Providers: Professionals offering services like consulting, event planning, or transportation may require their clients to sign these agreements to protect them from potential liability arising from their operations.
03
Landlords and Property Owners: Renters or tenants may be required to sign indemnity and hold harmless agreements to absolve the property owner of responsibility for any injuries or damages that occur on the premises.
In summary, filling out an indemnity and hold harmless agreement involves carefully detailing the parties involved, clearly defining the scope and obligations, including provisions for release of claims and potentially attorney fees. Various businesses, service providers, and property owners may require these agreements to protect themselves from liability in specific situations.
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Indemnity and hold harmless are legal agreements in which one party agrees to protect another party from certain losses or claims.
Any party entering into a contract or agreement where there is a potential for liability or risk may be required to file an indemnity and hold harmless.
Indemnity and hold harmless agreements should be carefully reviewed and filled out with all relevant information, including the parties involved, the scope of protection, and any potential risks.
The purpose of indemnity and hold harmless is to allocate risk and protect parties from losses or claims that may arise from a particular transaction or agreement.
Information such as the names of the parties involved, the scope of protection, the potential risks, and any specific conditions or exclusions should be reported on an indemnity and hold harmless agreement.
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