What are the components of a generic hold harmless agreement?


Quick Answer

The components of a generic hold harmless agreement include an area for the protected party, an area to indicate the party providing the liability protection and the effective date of the agreement, as described by Rocket Lawyer. Additionally, the agreement should include other various details to conform with specific state laws.

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Full Answer

There is a general hold harmless agreement, which entities use when only one specific event or service is taking place, such as a business holding a spring carnival, according to Rocket Lawyer says. This agreement describes the event that the party is protected from. A services hold harmless agreement, a more specific agreement, is ideal for when one entity provides a service to another, and in this circumstance, the agreement includes an outline of the services that one party agrees to render to the other. A use of property hold harmless agreement functions when one party allows another to use its property, and this type of agreement includes the property location and an outline of the property's use.

Some states have laws regarding the validity of hold harmless agreements, as Rocket Lawyer warns. Some states have laws regarding anti-indemnity laws that prohibit the use of a hold harmless agreement when providing construction services. Some states may not withhold a hold harmless agreement if the language it uses is too overly broad. An attorney can help people identify relevant state laws and incorporate any necessary language in hold harmless agreements.

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