Guest post by Henderson Franklin’s Construction Chair, J. Matthew Belcastro, Esq.

If you have been in the business world for any reasonably length of time, or if you have leased property or entered into a contract for construction or remodeling, you have probably been a party to a contract that contains an indemnification provision.

Indemnification Provisions

The concept of the indemnification provision is generally very simple. If one contracting party (the indemnitee) becomes liable to a third party as a result of wrongful conduct on the part of the other contracting party (the indemnitor), the at fault party (the indemnitor) must compensate or indemnify the party who is not at fault.

Indemnification provisions are prevalent in construction contracts, independent contractor agreements, leases and other business arrangements where there is a possibility that one party might get sued as a result of someone else’s conduct.

The problem is that few people appreciate the significance of the indemnification provision or how it works and Florida courts have reached some decisions that would likely be surprising, if not shocking, to the uninitiated.

“I might have to pay because I’m potentially liable?”

Continue Reading Indemnification Provisions and the “Vouching In” Rule – – The Most Dangerous Contractual Provision You Probably Don’t Know About

You have saved and are ready to build the house of your dreams. If you select the wrong contractor, however, it could quickly turn into a nightmare. There are plenty of great contractors in Southwest Florida but there are a few not so great. How do you know the difference? Below are five tips to help you with the contractor selection process: Continue Reading 5 Ways to Protect Yourself Before Selecting a Contractor