This is a promise stipulated in a contract by one party stating that the said party will not hold the other party accountable should the other party carry out the contract in a way that causes damage to the first party. These clauses are illegal in most states and in residential tenancies, but they may be upheld in the commercial setting.
hold harmless
This is a promise stipulated in a contract by one party stating that the said party will not hold the other party accountable should the other party carry out the contract in a way that causes damage to the first party. These clauses are illegal in most states and in residential tenancies, but they may be upheld in the commercial setting.
