Hold Harmless Agreement
Click here for Top Ten Discussions. CLICK HERE for Q & A Homepage
Receive Free Rental Owner Updates Email:  
MrLandlord Q & A
     
     
Hold Harmless Agreement (by mapleaf18 [NY]) Jan 29, 2023 2:56 PM
       Hold Harmless Agreement (by WMH [NC]) Jan 29, 2023 3:11 PM
       Hold Harmless Agreement (by Lana [IN]) Jan 29, 2023 3:14 PM
       Hold Harmless Agreement (by Bonanza [NC]) Jan 29, 2023 4:47 PM
       Hold Harmless Agreement (by zero [IN]) Jan 30, 2023 7:16 AM
       Hold Harmless Agreement (by jonny [NY]) Jan 30, 2023 9:01 AM
       Hold Harmless Agreement (by Mike45 [NV]) Jan 30, 2023 6:20 PM

Click here to reply to this discussion.
Click Here to send this discussion to a friend

Hold Harmless Agreement (by mapleaf18 [NY]) Posted on: Jan 29, 2023 2:56 PM
Message:

Inquired about a local property (although investing in NYS is now becoming legislatively prohibitive) and the real estate agent stated the seller wants everyone to sign a "hold harmless" agreement before showings.

This is the first time we've been asked to sign one of these before a SHOWING. Not SOP around here in the small town population 5400.

Any thoughts?

--64.246.xxx.xx




Hold Harmless Agreement (by WMH [NC]) Posted on: Jan 29, 2023 3:11 PM
Message:

We've never had to sign a "Hold Harmless" agreement BUT we have seen houses where in the ad it stated, "Enter at your own risk!"

I've also seen ads that said, "Don't bring kids to this property, it's not safe." And others that said, "HEAVY MOLD INFESTATION! Take proper precautions." Etc. --50.82.xxx.xxx




Hold Harmless Agreement (by Lana [IN]) Posted on: Jan 29, 2023 3:14 PM
Message:

Trying to prevent frivolous law suits. Its winter and no 5 million$ slip and fall suit desired. Who knows maybe some idiots use the courts to claim injury at homes for sale and that's how they steal their living. Read it thoroughly and see if you find it reasonable and limited to showings only. Attorneys love universal Hold Harmless clauses and those I refuse. --216.23.xxx.xx




Hold Harmless Agreement (by Bonanza [NC]) Posted on: Jan 29, 2023 4:47 PM
Message:

Seems like the property is in poor condition and if you fall through the floor they don't want to be sued --65.188.xxx.xxx




Hold Harmless Agreement (by zero [IN]) Posted on: Jan 30, 2023 7:16 AM
Message:

I have signed them before on empty dilapidated places that I looked at.

No worries here. Just people covering their back sides.

--107.147.xx.xxx




Hold Harmless Agreement (by jonny [NY]) Posted on: Jan 30, 2023 9:01 AM
Message:

what the others are stating most likely. Seller (probably a bank or company) knows there is mold or missing / rotted floors, etc.

They usually will tell you what it is (especially if there is mold or there is a floor missing, etc). That way you can be better prepared. --69.201.xx.xxx




Hold Harmless Agreement (by Mike45 [NV]) Posted on: Jan 30, 2023 6:20 PM
Message:

Years ago, I toured several red tagged houses that had potentially rotten floors and walls, nails sticking up/out, and other hazards. I signed an Assumption of Risk form, and I wore my steel-toed heavy-soled work boots and a hard hat, and I stepped very carefully.

It made complete sense to me that the owner and realtor wanted a Hold Harmless!

--76.4.xxx.xxx



Click Here to send this discussion to a friend
Report discussion to Webmaster


Reply:
Subject: RE: Hold Harmless Agreement
Your Name:
Your State:

Message:
Hold Harmless Agreement
Would you like to be notified via email when somebody replies to this thread?
If so, you must include your valid email address here. Do not add your address more than once per thread/subject. By entering your email address here, you agree to receive notification from Mrlandlord.com every time anyone replies to "this" thread. You will receive response notifications for up to one week following the original post. Your email address will not be visible to readers.
Email Address: