Owner Will Be Responsible For The Cost Of Repairs Or...

Owner will be responsible for the cost of any repairs or replacement needed to maintain the Unit in rental condition. Manager will contract for such repairs or replacements as may be required in the Unit and will oversee such work as may be done. Manager will provide a repair estimate to the Owner, except in case of emergency or the total cost of the repair or replacement is under $250.00. The amount of any repair or replacement shall be deducted from Owner’s income account. Repairs made personally by the Manager or management staff shall be billed to the Owner at the rate of $10.00 per hour. C. The Owner further agrees authorize the Manager to repaint the Unit or redecorate the Unit, when the Manager, in its sole discretion,†¦show more content†¦Prior to the date that the insurance policy expires, the Owner shall provide a copy of a renewal or new policy to the Manager to evidence that the insurance policy has not lapsed. B. The Manager will not be liable to the Owner for any loss or damage not directly caused by a material breach of this Agreement by the Manager or any intentional torts committed by the Manager. Owner agrees to defend, including paying actual attorney’s fees and costs, indemnify and hold harmless the Manager from any actual or threatened demands, fines, liabilities, obligations, damages, penalties, claims, costs, charges or expenses that arise as a result of the Manager performing it duties under this Agreement, including but not limited to maintenance, repair, replacement, rental or management of the Unit, or from any injury to any person or property in and about, or connection with the Unit, any other Unit in the Condominium or any common elements in the Condominium, from any cause whatsoever. E. Owner shall bear the risk of loss of any contents of Owner’s Unit which are left in the Unit, as well as the risk of damage to the Unit. The Owner and/or the Condominium Association shall obtain and maintain an appropriate insurance coverage to protect the Owner against such losses by the theft, casualty or other risks commonly associated with the intended use of the project’s common