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Deed of Indemnity

This deed of indemnity is between XYZ Limited and the Assistant Registrar of Titles in Moshi, Tanzania. XYZ Limited owns two plots of land and is registering the transfer of the land titles. Through this deed, XYZ Limited agrees to indemnify and protect the Assistant Registrar from any losses or claims related to registering the transfer of the land titles. XYZ Limited also undertakes to accurately disclose all relevant information and indemnify the Assistant Registrar against any issues that may arise from the registration.

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0% found this document useful (0 votes)
2K views5 pages

Deed of Indemnity

This deed of indemnity is between XYZ Limited and the Assistant Registrar of Titles in Moshi, Tanzania. XYZ Limited owns two plots of land and is registering the transfer of the land titles. Through this deed, XYZ Limited agrees to indemnify and protect the Assistant Registrar from any losses or claims related to registering the transfer of the land titles. XYZ Limited also undertakes to accurately disclose all relevant information and indemnify the Assistant Registrar against any issues that may arise from the registration.

Uploaded by

Sele Sandi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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DATED THIS……………..DAY OF……………………………….2016.

DEED OF INDEMNITY

BY

XYZLIMITED

TO AND IN FAVOUR OF

ASSISTANT REGISTRAR OF TITLES - MOSHI

________________________________________________________________

IN RESPECT OF THE REGISTRATION OF TRANSFER OF TITLE DEED FOR


CERTIFICATE OF TITLE No. 11111111, PLOT No. 16 & CERTIFICATE OF
TITLE No. 22222222, PLOT BBB, BOTH SITUATED AT BLOCK “E”,
NKOANENKOLI VILLAGE IN ARUMERU DISTRICT, ARUSHA - TANZANIA
________________________________________________________________
DEED OF INDEMNITY

THIS DEED OF INDEMNITY is executed this ……..day of………………..2016

BY

XYZLIMITED, a registered company under the laws of the United Republic of


Tanzania whose address is Postal Box Number 766 Usa River, Arusha– Tanzania
(hereinafter called “The Company” which expression shall include and extend to all
persons deriving the title under the vendor including his assigns, agents and successors of
the other part;

TO AND IN FAVOUR OF

The ASSISTANT REGISTRAR OF TITLES – MOSHI, of P.O. Box ……...,Moshi,


Tanzania (hereinafter referred to as “The Indemnified Person”) of the other part.

WHEREAS The Indemnified Person is the Assistant Registrar of Titles Northern Zone-
Moshi;

WHEREAS The Company is a registered local company with Tanzanian majority


shareholders with full ownership rights, registered under the laws of the United Republic
of Tanzania on 31st December, 2014 and with a Certificate of Incorporation Number
114BBB7;

AND WHEREAS The Company is the lawful owner of the parcels of land bearing
Certificate of Title No. 11111111, plot No. 16 & Certificate of Title No. 22222222, plot
No. BBB, both situated at Block “E” Nkoanenkoli village in Arumeru District, Arusha –
Tanzania;

NOW, THEREFORE, THIS DEED WITNESSETH AS FOLLOWS:-

1. The COMPANY hereby agree and undertake to fully and effectually indemnify
and save harmless The INDEMNIFIED PERSON from any loss, damage,
expense or cost that The INDEMNIFIED PERSON may be put by reason of any
claim being made in respect of the registration of the transfer of Certificate of
Title No. 11111111, plot No. 16 & Certificate of Title No. 22222222, plot No.
BBB, both situated at Block “E” Nkoanenkoli village in Arumeru District, Arusha
– Tanzania;

2. The COMPANY hereby undertakes to indemnify The INDEMNIFIED


PERSON in relation to any misrepresentation on the contents of the documents
submitted in respect of the registration of the transfer of Certificate of Title No.
11111111, plot No. 16 & Certificate of Title No. 22222222, plot No. BBB, both
situated at Block “E” Nkoanenkoli village in Arumeru District, Arusha –
Tanzania;

3. Furthermore The COMPANY hereby undertakes that it will at all times here-after
well and sufficiently indemnify The INDEMNIFIED PERSON and keep it
indemnified against all liabilities in respect of the registration of the transfer of
Certificate of Title No. 11111111, plot No. 16 & Certificate of Title No.
22222222, plot No. BBB, both situated at Block “E” Nkoanenkoli village in
Arumeru District, Arusha – Tanzania that has not been disclosed to The
INDEMNIFIED PERSON at the time of the registration and any other matter
that may arise therefrom and at all times and against all actions, suits,
proceedings, demands, costs and expenses what-so-ever which may be taken or
made against The INDEMNIFIED PERSON.
In Witness whereof The COMPANY hereto named has set its hand and signatures on the
day, month and year first here-in above written in the following manner:-

Dated this………………Day of……………………2016.

SEALED with a COMMON SEAL of


XYZLIMITED
SEAL
In the presence of us
this ...................day of........................2016

NAME: ______________________________

SIGNATURE: _________________________

QUALIFICATION: ______________________

POSTAL ADDRESS: ___________________

NAME: _______________________________

SIGNATURE: __________________________

QUALIFICATION: ______________________

POSTAL ADDRESS: ____________________

BEFORE ME:

..........................................................................
COMMISSIONER FOR OATHS & NOTARY PUBLIC

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