Affidavit and Indemnity

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Affidavit & Indemnity Format

 

Affidavit is a statement whose signer is known as “Affiant” . This is to be signed in front of notary.Indemtity agreements are prepared when a promise is made to compensate someone. An affidavit and Indemnification agreement is a signed statement in which the affiant agrees to indemnify the holder of the agreement.

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Download Affidavit & Indemnity Format

How to Use

An affidavit and indemnification agreement is more formal . It is most commonly used by companies to protect their shareholders and board members. These agreements state the company indemnifies and declare these individuals free from liability. Therefore, a client suing the company may not sue individual shareholders for their personal wealth.

How to Create

The deed of indemnity state the name of the place where the deed executed along with date . The name of the parties to the deed with their address and age and terms and conditions of the deed to be properly defined and stated.