Document background
A Shared Maintenance Agreement is essential when multiple parties share responsibility for maintaining property or facilities in the Philippines. This document type is commonly used in various scenarios including multi-tenant buildings, mixed-use developments, and shared commercial spaces. The agreement, governed by Philippine property and contract law, establishes clear guidelines for maintenance responsibilities, cost allocation, and operational procedures. It incorporates requirements from the Civil Code of the Philippines, the Condominium Act, and local building regulations. The Shared Maintenance Agreement is particularly important for ensuring smooth operation of shared facilities, preventing disputes, and maintaining property values through clear delineation of responsibilities and standards.
