Common use of TURNOVER EXPENSES Clause in Contracts

TURNOVER EXPENSES. OWNER agrees that MANAGER shall take reasonable steps to prepare the property between tenants, at OWNER’s expense, in accordance with MANAGER’s repair authority. Said reasonable steps generally include but are not limited to: lock changes upon move out, activation in utilities in the name of OWNER or MANAGER, inspection of smoke and/or carbon monoxide detector(s), verifying presence and operation of equipment included with the property. Depending on the utility activation/transition challenges posed by some local utility companies, OWNER may be requested to initiate service directly with their utility provider during any vacancy period.

Appears in 2 contracts

Samples: Office, Property Management Agreement

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TURNOVER EXPENSES. OWNER agrees that MANAGER shall take reasonable steps to prepare the property between tenants, at OWNER’s expense, in accordance with MANAGER’s repair authority“Management Authority” paragraph C below. Said reasonable steps generally include but are not limited to: lock changes upon move out, activation in utilities in the name of OWNER or MANAGER, inspection of smoke and/or carbon monoxide detector(s), verifying presence and operation of equipment included with the property. Depending on the utility activation/transition challenges posed by some local utility companies, OWNER may be requested to initiate service directly with their utility provider during any vacancy period.

Appears in 1 contract

Samples: Property Management Agreement

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TURNOVER EXPENSES. OWNER agrees that MANAGER shall take reasonable steps to prepare the property between tenants, at OWNER’s expense, in accordance with MANAGER’s repair authority“Management Authority” paragraph E below. Said reasonable steps generally include but are not limited to: lock changes upon move out, activation in utilities in the name of OWNER or MANAGER, inspection of smoke and/or carbon monoxide detector(s), verifying presence and operation of equipment included with the property. Depending on the utility activation/transition challenges posed by some local utility companies, OWNER may be requested to initiate service directly with their utility provider during any vacancy period.

Appears in 1 contract

Samples: Property Management Agreement

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