Indemnification of the Landlord’s Agent

What is Indemnification of the Landlord’s Agent?

Simply stated, the tenant holds the landlord’s agent harmless from injury to the tenants (and their guest and family members), damage to premises their possessions.

In my business, the real estate is owned by a Land Trust. I am not the Trustee, I am an agent of the Land Trust and simply doing what I’m told, by the Landlord and Trustee. The tenants can sue the Trust all they want to but, I am simply the agent/trustee.

The only asset owned by the Land Trust is that single property.

The exact paragraph and verbiage is in my Lease and below.

For a Free Copy of my Residential Lease Agreement clicking here

For more about Indemnification, Please , click here .

This link in blue is from About.com and is also a good explanation

15. INDEMNIFICATION OF LANDLORD/LESSOR, TRUSTEE AND AGENT: (If this is not in your current Lease, you could be held personally responsible for a host of issues that could arise from owning this house. All my houses are titled in separate Land Trusts and I am not the Trustee; although, I am an Agent of the trust. The trust is responsible for all the bad stuff that could happen but, not me personally.)

All parties acknowledge and agree that the _________ Land Trust, as Landlord/Lessor is executing this Lease Agreement. All parities further acknowledge and agree that the trustee(s) and/or the agent(s) of the Landlord/Lessor, is acting as an agent Landlord/Lessor, is not personally liable for any agreement entered into or action (or inaction) of the Landlord/Lessor. The trustee(s) and/or agent(s) shall not be liable for any reason or for any action (or inaction) or to any extent pursuant to this agreement, any agreement or any transaction between the Parties herein above named. Landlord/Lessor shall not be liable for any damage or injury to Lessee/Tenant, or to any other person, or to any property, occurring on the Property. Lessee/Tenant agrees to hold Landlord/Lessor harmless from any claims for damages, except for injury or damages for which Landlord/Lessor is held legally responsible. Lessee/Tenant agrees to hold Landlord/Lessor harmless from any claims for damages caused by acts of nature or those beyond the control of Landlord/Lessor.