A hazard waste indemnity, found in many real estate contracts, is for the benefit of the purchaser.

Name: A hazard waste indemnity, found in many real estate contracts, is for the benefit of the purchaser.
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Question

Quizplus · Accepted Answer

The purpose of a hazardous waste indemnity clause in a real estate contract is to protect the purchaser from liability related to hazardous materials found on the property. Therefore, it is for the benefit of the purchaser.

A Hazard Waste Indemnity, Found in Many Real Estate Contracts