Release, Hold Harmless and Indemnity Agreement
This information is designed to provide accurate and authoritative information in regard to the subject matter covered. It is being provided with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.
The Company Does Not Offer Legal or Tax Advice. Seek Your Own Professional Counsel. This is a Release, Indemnity, and Hold Harmless agreement (the “Agreement”) to protect the Company against any actions, claims, or suits of any nature (be they civil or criminal) which may be brought against Company either by you (“User”) or be brought by any party that you ever work with, interact with, or that has been affected by your business dealings, actions or inaction (“Third Party Action”). Any and all information provided by Company, including template documents, shall hereafter be referred to as (“Materials”). For purposes of this Agreement, anyone who accesses, reviews, downloads, or implements any component of Company Materials, including template document(s) or any other Company information shall be referred to as (“User”).
User acknowledges and understands that real property transactions are complex transactions and that they require professional legal counsel and tax advice. User acknowledges that there are many local, State, and Federal laws affecting real property transactions, and existing laws are periodically revised and new laws are often created. Additionally, the geographic area(s) in which a User conducts business may be subject to unique and specific regulatory laws and regulations. User assumes sole responsibility for obtaining professional legal and tax review and approval of all Materials (including template documents) obtained from or though Company. Further, User agrees to adhere to all applicable laws governing business practices, agency relationships, and real estate transactions engaged in.
Not Legal or Tax Advice: While Materials are designed to provide accurate and authoritative information in regard to the subject matter covered, it is being provided with the understanding that the Company is not engaged in rendering legal, business, accounting, or other professional advice. The Company strongly urges User to seek competent professional, legal, and tax advice.
Release, Hold Harmless and Indemnification: User, and their successors, agents, heirs, attorneys and assigns (including members, shareholders, partners, officers, and directors, if an entity) (collectively the “Releasor”), hereby agrees to indemnify, defend, hold harmless, remise, release and forever discharge both Company and their predecessors, successors, affiliates, parent companies, subsidiaries, employees, agents, heirs, attorneys and assigns (including members, shareholders, partners, officers, and directors, if an entity) (collectively the “Released Party”), from any and all past or future claims, damages, legal fees, court costs or actions which Releasor ever had, now has, or hereafter may acquire arising directly or indirectly out of or in any way connected with the use of any Company Material (which includes template documents), including, but not limited to, any suits, liabilities, demands, proceedings, agreements, contracts, leases, judgments, damages, accounts, reckonings, executions, any and all claims, actions or rights of action of any nature, whether known or unknown, (whether such action(s) are brought against Company by Releasor or any third-party that Releasor has contracted with, worked with or partnered with) and/or cost of any type and nature (whether actual or alleged, known or unknown, suspected or unsuspected, or disclosed or undisclosed) which the Releasor, now has, or ever has had, or may have in the future, and/or which the Releasor’s heirs, executors or administrators now has, has ever had or may have in the future.
Any Party that Accesses Company Material Agrees They Have Been Advised to Have it Reviewed, Modified and Approved by their Own Legal and Tax Counsel Prior to Use.