Hold Harmless Agreement

A Hold Harmless Agreement is a legal document where one party agrees not to hold the other responsible for certain risks or damages that may occur during an activity or event. It serves to protect one party from potential lawsuits or financial loss if something goes wrong. Essentially, it shifts the responsibility for any risk or damage away from the party hosting or involved in the activity, provided they acted responsibly. This type of agreement helps clarify responsibilities and limits liability, ensuring all parties understand the risks involved and accept them voluntarily.