Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 12 years ago on . Most recent reply

User Stats

1
Posts
1
Votes
Sobsie Jacobs
  • San Jose, CA
1
Votes |
1
Posts

property manager indemnification clause

Sobsie Jacobs
  • San Jose, CA
Posted

I am reviewing a standard CAR (Calif Association of Realtors) contract given me by a potential property manager for management my fourplex. The indemnification clause seems to indemnify him very broadly for any actions and does not seem to make exception for Broker's negligence ...is this standard, or am I not understanding it correctly? Thank you for any explanation or advice as to how it should be drafted. It reads: "Owner Responsibilities. Owner shall indemnify, defend and hold harmless broker, and all person's in broker's firm, regardless of responsibility, from all costs, expenses,suits, liabilities, damages, attorney fees and claims of every type, including but not limited to those arising out of injury or death of any person, or damage to any real or personal property of any person, including Owner, for (i) any repairs performed by Owner or by others hired directly by owner; or (ii) those relating to the management, leasing, rental, security deposits, or operation of the Property by Broker, or any person in Broker's firm, or the performance or exercise of any of the duties, powers, or authorities granted to Broker.

Loading replies...