Sidetrack Agreement

Definition of "Sidetrack agreement"

Joan  Church real estate agent
Joan Church, Real Estate Agent Simmonds Real Estate

Type of hold-harmless agreement made by a property owner as a condition for being served by a railroad spur. If the owner wants a special sidetrack, the railroad requires the owner to assume responsibility for certain losses for property damage or injury arising from use of the track, even if the railroad is at fault. Most common in these agreements is responsibility for loss due to fire.


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