Commercial leases refer to “fixtures” as those pieces of equipment inside the building which the tenant is entitled to use but that belong to the landlord. The HVAC system is not only the most expensive fixture in the building, but it also requires the most regular maintenance.
At the end of the lease landlords hope not to inherit equipment that has been poorly maintained, and tenants also want to avoid potential liability for major repairs when turning the space back over to the landlord.
Since the tenant continuously uses the HVAC system, the tenant is typically required to maintain it. But this naturally sets up a potential conflict. Especially as lease terms approach maturity, the tenant has less motivation to spend money to properly maintain the equipment or extend its useful life.
The only way to satisfy this potential conflict is for both the landlord and tenant to make sure a preventive maintenance contract is kept in place with a licensed and reputable HVAC contractor.
SMS’s HVAC preventive maintenance program ensures:
- Regular, seasonal preventive maintenance including full inspection, cleaning, lube and replacement of belts and filters
- Compliance with EPA regulations for Freon.
- Inventory of all units detailing: manufacturer, serial number, age, service records and estimated remaining useful life
- Twelve-month projected costs of major repairs or replacements
And, most importantly for everyone’s benefit:
- Inspection reports provided upon completion of each visit
Learn more about how SMS can help take the worry out of your HVAC maintenance program.