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Hold Harmless Agreement (Real Estate)
"I need a Hold Harmless Agreement (Real Estate) for my commercial property development project in Mumbai, which will involve multiple contractors working on site renovations starting March 2025; the agreement should specifically address construction-related risks and potential third-party claims."
1. Parties: Identification of the Indemnifier and Indemnitee with full legal names and addresses
2. Background: Context of the agreement, including the property transaction or relationship giving rise to the need for indemnification
3. Definitions: Key terms used in the agreement including 'Property', 'Losses', 'Claims', 'Indemnified Parties', etc.
4. Scope of Indemnification: Detailed description of what losses, damages, or claims are covered by the indemnification
5. Property Details: Specific identification and description of the property involved
6. Indemnification Obligations: Specific obligations of the indemnifier, including timing and extent of protection
7. Duration: Period for which the hold harmless protection remains valid
8. Notice Requirements: Procedures for notifying parties of claims or potential claims
9. Governing Law and Jurisdiction: Specification of Indian law as governing law and relevant jurisdiction
10. Dispute Resolution: Process for resolving disputes between parties
11. Execution: Signature blocks and execution requirements
1. Insurance Requirements: Details of required insurance coverage to support the indemnification, used when specific insurance policies are required
2. Third Party Rights: Provisions regarding rights of third parties, used when other parties might have interests in the property
3. Multiple Properties: Additional provisions for cases involving multiple properties or locations
4. Survival Clause: Specification of which provisions survive termination, used in complex transactions
5. Assignment: Rights and restrictions regarding assignment of the agreement, used when transfer rights need to be addressed
6. Force Majeure: Provisions for unforeseen circumstances, used when long-term indemnification is involved
7. Severability: Clause ensuring remaining provisions stay valid if some are found unenforceable
1. Schedule A - Property Description: Detailed legal description of the property, including boundaries, title details, and registration information
2. Schedule B - Specific Indemnified Matters: Detailed list of specific risks, claims, or matters covered by the indemnification
3. Schedule C - Excluded Claims: List of specific claims or matters excluded from the indemnification
4. Appendix 1 - Required Notices: Forms and formats for required notices under the agreement
5. Appendix 2 - Insurance Requirements: Detailed insurance specifications if required by the agreement
Authors
Property
Indemnifier
Indemnitee
Effective Date
Claims
Losses
Damages
Liabilities
Indemnified Parties
Related Parties
Permitted Use
Term
Force Majeure Event
Applicable Laws
Business Day
Confidential Information
Default
Encumbrance
Material Adverse Effect
Notice
Property Rights
Representatives
Third Party
Title Documents
Breach
Claim Period
Completion Date
Dispute
Due Diligence
Intellectual Property Rights
Legal Proceedings
Maintenance
Occupants
Premises
Property Tax
Registration
Schedule
Security Interest
Utilities
Interpretation
Indemnification
Property Rights
Risk Allocation
Duration
Representations and Warranties
Notice Requirements
Insurance
Liability Limitations
Force Majeure
Dispute Resolution
Governing Law
Jurisdiction
Assignment
Severability
Entire Agreement
Amendment
Waiver
Notices
Costs and Expenses
Registration
Compliance with Laws
Third Party Rights
Survival
Termination
Confidentiality
Counterparts
Authority
Time of Essence
Real Estate
Construction
Property Development
Property Management
Real Estate Investment
Facilities Management
Commercial Property
Residential Property
Industrial Property
Hospitality
Retail Property
Infrastructure Development
Legal
Real Estate Operations
Risk Management
Compliance
Property Management
Asset Management
Facilities Management
Contract Administration
Real Estate Development
Investment Operations
Real Estate Manager
Property Development Director
Legal Counsel
Risk Management Officer
Contract Manager
Property Manager
Real Estate Agent
Facilities Manager
Asset Manager
Investment Manager
Compliance Officer
Real Estate Operations Director
Property Acquisition Manager
Real Estate Legal Advisor
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