Negotiating Indemnity Clause to Avoid Responsibility for Owner-Caused Accidents

March 8, 2012
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Q My lease has an “indemnity clause” that makes me financially responsible for damages that the owner might suffer as the result of any party's actions. Last year, the retail space I rent was damaged by a contractor, and under the indemnity clause, I had to pay for the damages, even though the space belongs to the owner. The owner is planning several projects in the coming year, some of which will involve construction work that could potentially damage my space.

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