Microsoft Word - Buyer Hold Harmless Agreement 10

10/18

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. For use by REALTOR® members of Maryland REALTORS® only. Except as negotiated by the parties to the Contract,

this form may not be altered or modified in any form without the prior expressed written consent of Maryland REALTORS

BUYER HOLD HARMLESS AGREEMENT

(TO BE USED WHEN BUYER SUBMITS AN OFFER ON PROPERTY SIGHT UNSEEN)

Buyer _______________________________________________________________________________

Buyer Agent __________________________________________________________________________

Buyer Broker _________________________________________________________________________

for Property known as _________________________________________________________________.

The undersigned Buyer acknowledges that Buyer Broker and/or Buyer Agent (collectively referred to as

Buyer Broker) advised Buyer to engage in due diligence with respect to the purchase of the Property.

The due diligence should include, but not be limited to, viewing the Property before writing an offer,

engaging experts such as real estate appraisers, home inspectors, licensed surveyors, professional

engineers, environmental experts, title companies and others to render reports concerning matters such as

the value of the property, property boundaries, the material condition of the real estate and improvements

thereon as well as the status of title and the availability of property insurance. Ideally, Buyer would be

present, in-person during the due diligence activities. Buyer understands that it is never advisable to waive

any aspect of due diligence.

Buyer acknowledges that Buyer has elected not to view the Property in person prior to submitting an offer

to purchase, despite Buyer Broker’s advice to the contrary. Buyer further acknowledges and recognizes

that Buyer Broker and any sales associates affiliated with Buyer Broker are not home inspectors, real estate

appraisers, surveyors, engineers, or environmental experts. Additionally, Buyer acknowledges that Buyer

has made a decision to write an offer on the Property sight unseen.

In consideration of the above, Buyer agrees to be solely responsible for Buyer’s decision to write an offer

on the Property sight unseen. Buyer agrees to hold harmless, defend and indemnify Buyer Broker, Buyer

Agent, and any sales associates affiliated with Buyer Broker from any and all claims, demands, suits or

actions in any way relating thereto.

RECEIPT OF COPY: Buyer acknowledges receipt of a copy of this Agreement at time of signing hereof.

_______________________________________ _______________________________________

Buyer Date Buyer Broker (Company Name)

_______________________________________ _______________________________________

Buyer Date Buyer Broker or Authorized Representative Date