Common use of MAINTENANCE, REPAIRS AND OPERATIONS Clause in Contracts

MAINTENANCE, REPAIRS AND OPERATIONS. 5.1: Agent shall use the best efforts to insure that the property is maintained in an attractive condition and in a good state of repair. In this regard, Agent shall use its best skills and efforts to serve the tenants of the property and shall purchase necessary supplies, make contracts for, or otherwise ensure the maintenance of electricity, gas, water, refuse disposal, pest control and any other utilities or services required for the operation of the property. Agent shall make or cause to be made and supervise necessary repairs and alterations. Expenditures for repairs, alterations, maintenance or utility expenditures in excess of $ shall not be made without prior written consent of Owner, except in the case of emergency, or if agent in good faith determines that such expenditures are necessary to protect the property from damage, to prevent injury to person or loss of life, or to maintain services or habitability conditions as may be required by the Utah Fit Premises Act.

Appears in 2 contracts

Sources: Property Management Agreement, Property Management Agreement