Real Estate Maintenance Document

REAL ESTATE MAINTENANCE AGREEMENT

Parties

Owner Name:

Contractor / Service Provider Name:

Property Identification

Scope of Services

The Contractor shall perform routine maintenance, repairs and services as identified in individual work orders. Primary services include: routine HVAC inspection and minor repairs, plumbing repairs, electrical troubleshooting, carpentry for maintenance-level repairs, pest control coordination, landscaping maintenance and seasonal systems preparation. Specific initial scope description:

Term and Schedule

Agreement Start Date: — Estimated Completion/Review Date:

Authorization, Work Orders, and Emergency Repairs

All non-emergency work shall be authorized by written work orders signed by the Owner or Owner's authorized representative. Emergency repairs necessary to protect life, safety, or prevent substantial property damage may be commenced by the Contractor immediately with prompt notice to Owner.

Compensation and Payment

Owner shall pay Contractor for services rendered as follows. Unless otherwise agreed in a work order, compensation will be calculated based on labor, parts, and materials plus taxes.

Materials, Subcontractors and Equipment

Contractor is responsible for supplying materials, tools and equipment necessary to perform services, unless otherwise specified in a work order. Contractor may engage licensed subcontractors, provided Contractor remains responsible for their performance.

Insurance, Licenses and Indemnity

Contractor shall maintain commercial general liability insurance with limits not less than the coverage limits listed below, and shall maintain workers' compensation coverage as required by law. Contractor shall provide proof of current licenses and insurance upon request.

Indemnity: Contractor shall indemnify, defend and hold harmless Owner from and against any and all claims, damages, liabilities, losses, costs and expenses arising out of Contractor's negligent performance, breach of this Agreement, or willful misconduct, except to the extent caused by Owner's gross negligence or willful acts.

Warranties and Performance Standards

Contractor warrants that all services will be performed in a professional manner consistent with industry standards. For repairs performed, Contractor warrants labor for a period of and materials for the manufacturer's warranty period where applicable.

Remedies for breach of warranty shall be limited to repair or replacement of defective work at Contractor's expense, or, if such remedy is not commercially practicable, a refund of the portion of the fee attributable to the defective work.

Access to Property and Tenant Coordination

Owner authorizes Contractor and its agents to access the Property during normal business hours or upon prior notice. Contractor will coordinate with tenants when tenant access is required. Contractor shall take reasonable steps to minimize disruption to occupants and shall secure the work area.

Regulatory Compliance and Disclosures

Contractor will comply with all applicable laws, codes and regulations in performing work. Contractor will obtain permits when required and will furnish permit documents and inspection certificates to Owner upon request.

Records, Invoicing and Audit Rights

Contractor shall maintain complete records of services, invoices, parts and labor for a period of not less than three (3) years and shall provide copies to Owner upon reasonable request. Owner may audit invoices and job logs to verify charges.

Default, Remedies and Termination

If either party materially breaches this Agreement and fails to cure within fourteen (14) days after written notice, the non-breaching party may terminate this Agreement. Termination shall not relieve Owner of obligations to pay for services performed prior to termination. In addition to termination, the non-breaching party shall be entitled to all remedies available at law or in equity.

Confidentiality and Records

Contractor agrees that information regarding the Property, tenants, and Owner's business operations obtained in the course of performance is confidential and shall not be disclosed except as required by law or with Owner's prior written consent.

Miscellaneous

Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the state in which the Property is located. The parties agree that venue for any action arising out of this Agreement shall be in the appropriate state or federal court located in that state.

Entire Agreement: This Agreement, including any attached work orders, constitutes the entire agreement between the parties and supersedes all prior negotiations and understandings, whether written or oral. Any modification must be in writing and signed by both parties.

Acknowledgments and Certifications

By signing below, Owner certifies that Owner has legal authority to authorize maintenance and repairs at the Property. Contractor certifies that it is duly licensed (if required), insured, and qualified to perform the maintenance services described herein and will comply with all applicable laws and codes.

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