Common use of Reasonable Maintenance and Repair Clause in Contracts

Reasonable Maintenance and Repair. 49 50 (A) Ordinary/Emergency Maintenance Repair. Broker shall make or cause to be made, through 51 contracted services, employees or otherwise, all ordinary repairs and replacements reasonably necessary to 52 preserve the Property in a habitable condition and for the operating efficiency of the Property, and all alterations 53 required to comply with lease requirements, governmental regulations or insurance requirements. Any cost 1 exceeding $ must be approved by Owner in advance except that in an emergency where repairs are 3 service to the Property, to avoid danger or life of property, or to comply with federal, state or local law; such 4 emergency repairs shall be made by Broker at Owner’s expense without prior approval. 6 Owner hereby expressly authorizes Property Manager/Broker to assist in scheduling work to repair or 7 maintain the subject property pursuant to Nevada Revised Statute 624.031(11). Both parties acknowledge that the 8 Property Manager/Broker will not receive any additional compensation for this assistance. Both parties further 9 acknowledge that this authorization is only valid for work that does not require a building permit or does not 10 exceed $10,000.00 every six months.

Appears in 1 contract

Samples: Residential Property Management Agreement

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Reasonable Maintenance and Repair. 49 50 (A) Ordinary/Emergency Maintenance Repair. Broker shall make or cause to be made, through 51 contracted services, employees or otherwise, all ordinary repairs and replacements reasonably necessary to 52 preserve the Property in a habitable condition and for the operating efficiency of the Property, and all alterations 53 required to comply with lease requirements, governmental regulations or insurance requirements. Any cost 1 exceeding $ must be approved by Owner in advance except that in an emergency where repairs are 3 service to the Property, to avoid danger or life of property, or to comply with federal, state or local law; such 4 emergency repairs shall be made by Broker at Owner’s expense without prior approval. 6 Owner hereby expressly authorizes Property Manager/Broker to assist in scheduling work to repair or 7 maintain the subject property pursuant to Nevada Revised Statute 624.031(11). Both parties acknowledge that the 8 Property Manager/Broker Xxxxxx will not receive any additional compensation for this assistance. Both parties further 9 acknowledge that this authorization is only valid for work that does not require a building permit or does not 10 exceed $10,000.00 every six months.

Appears in 1 contract

Samples: Residential Property Management Agreement

Reasonable Maintenance and Repair. 49 50 (A) Ordinary/Emergency Maintenance Repair. Broker shall make or cause to be made, through 51 contracted services, employees or otherwise, all ordinary repairs and replacements reasonably necessary to 52 preserve the Property in a habitable condition and for the operating efficiency of the Property, and all alterations 53 required to comply with lease requirements, governmental regulations or insurance requirements. Any cost 1 exceeding $ 300 must be approved by Owner in advance except that in an emergency where repairs are 3 service to the Property, to avoid danger or life of property, or to comply with federal, state or local law; such 4 emergency repairs shall be made by Broker at Owner’s expense without prior approval. 6 Owner hereby expressly authorizes Property Manager/Broker to assist in scheduling work to repair or 7 maintain the subject property pursuant to Nevada Revised Statute 624.031(11). Both parties acknowledge that the 8 Property Manager/Broker Xxxxxx will not receive any additional compensation for this assistance. Both parties further 9 acknowledge that this authorization is only valid for work that does not require a building permit or does not 10 exceed $10,000.00 every six months.

Appears in 1 contract

Samples: Residential Property Management Agreement

Reasonable Maintenance and Repair. 49 50 (A) Ordinary/Emergency Maintenance Repair. Broker shall make or cause to be made, through 51 contracted services, employees or otherwise, all ordinary repairs and replacements reasonably necessary to 52 preserve the Property in a habitable condition and for the operating efficiency of the Property, and all alterations 53 required to comply with lease requirements, governmental regulations or insurance requirements. Any cost 1 exceeding $ 300 must be approved by Owner in advance except that in an emergency where repairs are 3 service to the Property, to avoid danger or life of property, or to comply with federal, state or local law; such 4 emergency repairs shall be made by Broker at Owner’s expense without prior approval. 6 Owner hereby expressly authorizes Property Manager/Broker to assist in scheduling work to repair or 7 maintain the subject property pursuant to Nevada Revised Statute 624.031(11). Both parties acknowledge that the 8 Property Manager/Broker will not receive any additional compensation for this assistance. Both parties further 9 acknowledge that this authorization is only valid for work that does not require a building permit or does not 10 exceed $10,000.00 every six months.

Appears in 1 contract

Samples: Residential Property Management Agreement

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Reasonable Maintenance and Repair. 49 50 3 (A) Ordinary/Emergency Maintenance Repair. Broker shall make or cause to be made, through 51 4 contracted services, employees or otherwise, all ordinary repairs and replacements reasonably necessary to 52 5 preserve the Property in a habitable condition and for the operating efficiency of the Property, and all alterations 53 6 required to comply with lease requirements, governmental regulations or insurance requirements. Any cost 1 7 exceeding $ must be approved by Owner in advance except that in an emergency where repairs are 3 9 service to the Property, to avoid danger or life of property, or to comply with federal, state or local law; such 4 10 emergency repairs shall be made by Broker at Owner’s expense without prior approval. 6 12 Owner hereby expressly authorizes Property Manager/Broker to assist in scheduling work to repair or 7 13 maintain the subject property pursuant to Nevada Revised Statute 624.031(11). Both parties acknowledge that the 8 14 Property Manager/Broker will not receive any additional compensation for this assistance. Both parties further 9 15 acknowledge that this authorization is only valid for work that does not require a building permit or does not 10 16 exceed $10,000.00 every six months.

Appears in 1 contract

Samples: Residential Property Management Agreement

Reasonable Maintenance and Repair. 49 50 (A) Ordinary/Emergency Maintenance Repair. Broker shall make or cause to be made, through 51 contracted services, employees or otherwise, all ordinary repairs and replacements reasonably necessary to 52 preserve the Property in a habitable condition and for the operating efficiency of the Property, and all alterations 53 required to comply with lease requirements, governmental regulations or insurance requirements. Any cost 1 exceeding $ 350 must be approved by Owner in advance except that in an emergency where repairs are 3 service to the Property, to avoid danger or life of property, or to comply with federal, state or local law; such 4 emergency repairs shall be made by Broker at Owner’s expense without prior approval. 6 Owner hereby expressly authorizes Property Manager/Broker to assist in scheduling work to repair or 7 maintain the subject property pursuant to Nevada Revised Statute 624.031(11). Both parties acknowledge that the 8 Property Manager/Broker will not receive any additional compensation for this assistance. Both parties further 9 acknowledge that this authorization is only valid for work that does not require a building permit or does not 10 exceed $10,000.00 every six months.

Appears in 1 contract

Samples: Residential Property Management Agreement

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