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Anyone aware of the pros and cons of a coop board requiring shareholders to agree to a hold harmless agreement for simple contractor work - like carpet cleaning? Thanks.
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The practical uses, requirements, and drawbacks of hold harmless agreements are complex. As a first step, search for "hold harmless" in google, you'll find a ton of articles, After you've have a basic understanding and knowledge of hold harmless agreements, get in touch with you co-op corporation's insurance carrier and speak to your account rep. They should be able to answer your questions and more.
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Board Talk members who registered prior to March 9th, 2016 will need to reset their password.