Business Address
Law Office of Randall A. Fischer P.A. At Stuart

2100 SE Ocean Blvd #203, Stuart,
Martin, Florida 34996
Phone: (772) 463-7737


Randall A. Fischer, P.A.

725 SE Port St Lucie Blvd #206, Port St. Lucie
St. Lucie, Florida 34984-5232
Phone: (772) 463-7738


Randall A. Fischer, P.A. Law Office At Jupiter

1080 East Indiantown Road #104
Jupiter, Florida 33477
Phone: (561) 316-7111


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What does indemnification mean?

What does indemnification mean?

Law Firm serving Stuart, Port St. Lucie and Jupiter FL

Indemnification is not a term to be taken lightly in a contract.  When one party indemnifies another, they are agreeing to compensate or guaranteeing against the loss of another party.  In layman’s terms, the person indemnifying is agreeing to pay for or cover the losses of the party they are indemnifying.  Indemnification is a method of shifting the risk associated with a contractual relationship.  It is very important to understand the context of how the term is used in a contract to fully evaluate the potential exposure when entering the agreement.

Know what you are agreeing to before you agree to it.  Indemnification is not just a big legal word.  It carries huge potential implications.  If you are negotiating a contract or are co-signing an agreement as a guarantor, or entering a lease, or any other agreement, it would behoove you to contact a lawyer to review it before you sign.  After you have signed it, it is too late.  You have already agreed to the terms.

If you need lawyer to review or help negotiate a contract in Stuart, Port St. Lucie or Jupiter FL, please give my office a call.

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