Agency
What is the 'hold harmless' clause in a Nevada buyer's representation agreement?
AA clause allowing the buyer to exit the agreement at any time
BA clause where the buyer agrees to protect and indemnify the agent from liability arising from information the buyer provides✓ Correct
CA clause holding the seller harmless from buyer's loan default
DA clause preventing the agent from being held responsible for any outcome
Explanation
A hold harmless clause in a buyer's representation agreement typically provides that the buyer will indemnify the agent against claims arising from inaccurate information the buyer provides. It limits the agent's liability for acting in good faith on information supplied by the client.
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