Seguros y GravámenesPregunta 1512 de 1605
An 'indemnitor' in a hold-harmless agreement is the party who:
a.Issues the insurance policy
b.Records the mechanics lien
c.Is protected from losses
d.Agrees to bear or reimburse the other party's specified losses
Explicación
In an indemnity/hold-harmless clause, the indemnitor agrees to assume, defend, or reimburse the indemnitee's specified losses. The indemnitee is the protected party. Understanding these roles is essential to allocating construction risk correctly.
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Revisado por Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verificar)