Re: OT - Liability in pasture leasing

Posted by dhermesc on April 19, 2007 at 12:53:15 from (24.248.193.103):

In Reply to: Re: OT - Liability in pasture leasing posted by John T Country Lawyer on April 19, 2007 at 09:10:37:

But one must also remember that is an agreement between the lessee and the lessor. The most expensive lawsuits come from third parties that are not part of the agreement.

If someone is injured by the lessee's cow that broke through the fence owned by the lessor, the lessor is only held harmless to the extent that the lessee can pay assuming both are sued and lose. If the third party sues for a million dollars and the lessee only has $300,000 in coverage (or what ever is specified in the contract if he bothers to get the coverage) the lessor starts digging into his pocket.

Replies:

Add a Reply Name: E-Mail: Subject: Comments: Optional Link URL: Link Title: Optional Image URL: Email Notification: If you check this box, email will be sent to you whenever someone replies to this message. Your email address must be entered above to receive notification. This notification will be cancelled automatically after 2 weeks.

TRACTOR PARTS	TRACTOR MANUALS

We sell tractor parts!  We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]