Common use of Normal Wear and Tear Clause in Contracts

Normal Wear and Tear. The OWNER understands that some “wear and tear” expenses will occur and that these costs cannot be charged to a Tenant, and OWNER will incur these expenses. Upon renting, the law recognizes the property as a business and requires OWNER to expect some expenses for cleaning and maintenance as “normal wear and tear” while operating a rental property.

Appears in 4 contracts

Samples: Property Management Agreement, Property Management Agreement, Property Management Agreement

AutoNDA by SimpleDocs

Normal Wear and Tear. The OWNER Owner understands that some “wear and tear” expenses will occur and that these costs cannot be charged to a Tenant, Tenant and OWNER realizes Owner will incur these expenses. Upon renting, the law recognizes the property as a business and requires OWNER Owner to expect some expenses for cleaning and maintenance as “normal wear and tear” while operating a rental property.

Appears in 4 contracts

Samples: Property Management Agreement, Property Management Agreement, Property Management Agreement

Normal Wear and Tear. The OWNER understands that some “wear and tear” expenses will occur and that these costs cannot be charged to a Tenant, Tenant and OWNER will incur these expenses. Upon renting, the law recognizes the property as a business and requires OWNER to expect some expenses for cleaning and maintenance as “normal wear and tear” while operating a rental property.

Appears in 3 contracts

Samples: Property Management Agreement, Property Management Agreement, Property Management Agreement

Normal Wear and Tear. The OWNER Owner understands that some “wear and tear” expenses will occur and that these costs cannot be charged to a Tenant, and OWNER . Owner will incur bear these expenses. Upon renting, the law recognizes the property as a business and requires OWNER Owner to expect some expenses for cleaning and maintenance as “normal wear and tear” while operating a rental property. Whether an item is “wear and tear” or “damage” will fall under the sole discretion of the Broker.

Appears in 1 contract

Samples: Property Management and Leasing Agreement

AutoNDA by SimpleDocs

Normal Wear and Tear. The OWNER Owner understands that some "wear and tear” expenses tear expenses" will occur and that these costs cannot be charged to a Tenant, Tenant and OWNER realizes Owner will incur these expenses. Upon renting, the law recognizes the property as a business and requires OWNER Owner to expect some expenses for cleaning and maintenance as "normal wear and tear" while operating a rental property.

Appears in 1 contract

Samples: Property Management Agreement

Normal Wear and Tear. The OWNER Owner understands that some “wear and tear” expenses will occur and that these costs cannot be charged to a Tenant, Tenant and OWNER realizes Owner will incur these expenses. Upon renting, the law recognizes the property as a business and requires OWNER Owner to expect some expenses for cleaning and maintenance as “normal wear and tear” while operating a rental property.

Appears in 1 contract

Samples: Residential Leasing and Property Management Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!