Document background
The Shared Maintenance Agreement is essential for properties or facilities in India where multiple parties share maintenance responsibilities and costs. This document is commonly used in commercial complexes, residential societies, mixed-use developments, and shared business facilities throughout India. It outlines detailed arrangements for maintaining common areas, shared facilities, and essential services while ensuring compliance with Indian property laws and local regulations. The agreement is particularly relevant given India's growing number of multi-occupancy buildings and integrated developments, where clear maintenance frameworks are crucial. It addresses key aspects such as cost allocation, service standards, dispute resolution, and compliance with local property management regulations, while considering unique Indian legal requirements and property management practices.
