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Hold Harmless Agreement (Real Estate) Template for Canada

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Key Requirements PROMPT example:

Hold Harmless Agreement (Real Estate)

"I need a Hold Harmless Agreement (Real Estate) to protect my property management company from liability while managing three commercial properties in Ontario, with specific coverage for tenant improvements and maintenance activities starting March 2025."

Document background
The Hold Harmless Agreement (Real Estate) is a crucial legal document used in Canadian real estate transactions and operations to protect parties from potential liability and financial losses. This agreement is particularly important when property owners, managers, or developers need to shield themselves from claims arising from property-related activities. It's commonly used in situations involving property maintenance, construction work, tenant improvements, or property management services. The document, governed by Canadian federal and provincial laws, typically includes specific indemnification terms, insurance requirements, and claim procedures. It's essential for risk management in real estate transactions and operations, providing clear guidelines for liability allocation and protection mechanisms for the involved parties.
Suggested Sections

1. Parties: Identifies and defines the Indemnitor and Indemnitee with their full legal names and addresses

2. Background: Explains the context of the agreement, including the real estate transaction or relationship giving rise to the need for indemnification

3. Definitions: Defines key terms used throughout the agreement, including 'Property', 'Claims', 'Losses', and 'Indemnified Parties'

4. Scope of Indemnification: Details the specific activities, risks, and circumstances covered by the hold harmless provision

5. Indemnification Obligations: Specifies the exact obligations of the Indemnitor, including defense costs, settlements, and judgments

6. Duration: Specifies how long the hold harmless provision remains in effect

7. Insurance Requirements: Outlines any insurance requirements the Indemnitor must maintain

8. Notice Requirements: Describes how and when parties must notify each other of claims or potential claims

9. Governing Law: Specifies that Canadian law governs the agreement and identifies the applicable province

10. Execution: Signature block and execution requirements

Optional Sections

1. Third Party Rights: Include when there are specific third parties who may be affected by or benefit from the indemnification

2. Multiple Properties: Include when the hold harmless agreement covers multiple real estate properties

3. Exclusions: Include when specific risks or circumstances need to be explicitly excluded from the indemnification

4. Survival: Include when certain provisions need to survive the termination of the agreement

5. Assignment: Include when transfer rights need to be specifically addressed

6. Dispute Resolution: Include when parties want to specify alternative dispute resolution methods

7. Severability: Include when parties want to ensure partial invalidity doesn't void the entire agreement

8. Force Majeure: Include when parties want to address extraordinary events affecting performance

Suggested Schedules

1. Schedule A - Property Description: Detailed legal description of the property or properties covered by the agreement

2. Schedule B - Specific Indemnified Matters: Detailed list of specific risks, activities, or circumstances covered by the indemnification

3. Schedule C - Insurance Requirements: Detailed insurance requirements including types, amounts, and specific coverage requirements

4. Appendix 1 - Related Parties: List of additional parties covered by or subject to the indemnification provisions

5. Appendix 2 - Excluded Claims: Detailed list of specific claims or circumstances excluded from the indemnification

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions









































Clauses






























Relevant Industries

Real Estate

Property Management

Construction

Property Development

Commercial Leasing

Residential Property

Real Estate Investment

Facilities Management

Property Insurance

Real Estate Services

Relevant Teams

Legal

Real Estate

Risk Management

Property Management

Operations

Facilities Management

Compliance

Asset Management

Contract Administration

Property Development

Relevant Roles

Real Estate Manager

Property Manager

Risk Management Officer

Legal Counsel

Real Estate Developer

Facilities Manager

Contract Administrator

Real Estate Agent

Property Development Director

Asset Manager

Leasing Manager

Operations Manager

Real Estate Investment Manager

Compliance Officer

Insurance Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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