Kenneth M. Block and Joshua M. Levy ()
Indemnity provisions of the contracts executed between a project owner and its contractors, architects and other professionals are critical elements in transferring risk of third-party claims such as property damage and personal injury. An indemnity provision will therefore require one of the parties (typically the contractor, architect or professional) to defend, indemnify, and hold harmless the other (typically the owner) with regard to specific claims (or potential claims).
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