Emergency Maintenance and Repair. The Manager agrees to notify the Owner(s) of all expenditures in excess of $500, or the threshold set forth, for any one item, except for the following: i. Previously approved, monthly or recurring operating charges ii. Emergency repairs that are immediately necessary for the preservation and safety of the property, to avoid the suspension of any essential service to the property, to avoid danger or life of property, or to comply with federal, state, or local law. iii. Necessary expenses if the owner is not reasonably available for consultation. Manager is authorized to immediately make any repairs to chipping or peeling paint, consistent with the Pennsylvania Department of Public Health.
Appears in 3 contracts
Samples: Property Management Agreement, Property Management Agreement, Property Management Agreement
Emergency Maintenance and Repair. The Manager agrees to notify the Owner(s) of all expenditures in excess of $500, or the threshold set forth, for any one item, except for the following:
i. Previously approved, monthly or recurring operating charges
ii. Emergency repairs that are immediately necessary for the preservation and safety of the property, to avoid the suspension of any essential service to the property, to avoid danger or life of property, or to comply with federal, state, or local law.
iii. Necessary expenses if the owner Owner is not reasonably available for consultation. Manager is authorized to immediately make any repairs to chipping or peeling paint, consistent with the Pennsylvania Department of Public Health.
Appears in 2 contracts
Samples: Property Management Agreement, Property Management Agreement