Recently, the ARA reviewed several Hold Harmless agreements being circulated and used within our industry and found them to be insufficient. While the ARA does not generally endorse the use of Hold Harmless agreements for a variety of reasons, we recognize why they are used from time to time.
With that in mind, our attorneys have completed a thorough rewrite of a Hold Harmless agreement that, when used correctly, will provide protection not only for agents but also for our client partnerships. This revised version, which you can find on the ARA website, is intended to serve as the new standard Hold Harmless agreement and is available to all ARA members and partnerships.
Although this is not a complete solution, it offers a measure of protection as we continue working toward reducing—and ultimately eliminating—the use of Hold Harmless agreements within our space.
Todd Case
President, ARA
