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Joint Maintenance Agreement
"Need a Joint Maintenance Agreement for a shared commercial building in Singapore CBD, where three retail tenants will split maintenance costs equally and share responsibility for common areas starting March 2025."
1. Parties: Identification and details of all parties to the agreement
2. Background: Context and purpose of the maintenance agreement
3. Definitions: Key terms used throughout the agreement
4. Scope of Maintenance: Detailed description of maintenance services covered
5. Cost Sharing: Financial responsibilities and payment terms
6. Duration and Renewal: Term of agreement and renewal provisions
7. Obligations of Parties: Specific responsibilities of each party
8. Termination: Conditions and process for ending the agreement
1. Insurance: Insurance requirements and coverage details for maintenance activities
2. Force Majeure: Provisions for handling unforeseen circumstances that may affect maintenance obligations
3. Warranties: Specific guarantees regarding maintenance work quality and performance
1. Maintenance Schedule: Detailed timeline and frequency of maintenance tasks
2. Cost Allocation Schedule: Breakdown of maintenance costs and sharing ratios between parties
3. Property Plans: Drawings or plans showing areas covered by maintenance agreement
4. Service Level Requirements: Specific standards and requirements for maintenance work
5. Emergency Procedures: Protocols for handling urgent maintenance issues
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