VIEWS: 2,707 PAGES: 12 CATEGORY: Leasing Commercial Real Estate POSTED ON: 10/30/2009
Operation and Maintenance Agreements are agreements made between two or more parties for the purposes of maintenance and repair of real property, the operation of utilities and any other provision of service. Operation and Maintenance Agreements are sometimes referred to as O&M agreements. This document in its draft form contains numerous of the standard clauses commonly used in these types of agreements; however, additional language may be added to allow for customization to ensure the specific terms of the parties' agreement are addressed. Use this agreement if one wants to engage a person or entity for the purpose of maintenance and repair of real property.
"Operation and Maintenance Agreement"