Common use of Service and maintenance charges Clause in Contracts

Service and maintenance charges. The service and maintenance charges take the form of a monthly fixed sum set by the Association’s Board of Directors, payable each month during the rental period. The fixed charges are revised annually, taking effect on 1st August. The following are included in the fixed charges: Communal area charges, Internal and external maintenance and all recoverable charges defined by the rules, Routine maintenance and minor repairs on elements of the rental property, Any taxes on services from which the tenant benefits directly, Charges for utilities consumed in the rented apartment: 1- Heating, 2- Water up to 3.5 m3/month divided Cold water up to 1m3 / month, Hot water up to 2.5 m3 / month, 3- Electricity up to 900 kwh / month. Fixed-rate utilities may be subject to regular, individual meter readings. Consumption exceeding the fixed amount shall be billed according to the rates displayed in the residence hall.

Appears in 4 contracts

Samples: Tenancy Agreement, Tenancy Agreement, Tenancy Agreement

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