A lease provision that agrees to release and hold harmless both the landlord and the tenant from each other's actions in regard to any casualty to the premises impairs an insurance company's right of subordination.

Question

Quizplus · Accepted Answer

A lease provision that agrees to release and hold harmless both the landlord and the tenant from each other's actions does not impair an insurance company's right of subrogation; it typically affects the ability of the parties to seek recovery from each other, not the insurance company's right to pursue claims against third parties responsible for a loss.

A Lease Provision That Agrees to Release and Hold Harmless