Fire Extinguisher Sale & Maintenance Agreement
Fire Extinguisher Sale & Maintenance
_____________________, referred to as OWNER, and _____________________, referred to as SELLER, agree:SELLER shall install _____________________ fire extinguishers rated ____________________, in accordance with all applicable laws and regulations of the State of _____________________ and other applicable jurisdictions, no later than ______________________. Said extinguishers shall meet all of the regulations of _____________________ and other applicable governmental entities.
SELLER shall inspect said extinguishers and refill or make other adjustments as a required by applicable law every _______________________ months. In the event of any change in the laws or regulations related to the number and type of inspections, SELLER shall perform the inspections upon such new schedule, if applicable to OWNER.
SELLER shall be paid $___________________
(__________________________________ & ________/100 dollars) for the initial sale and installation and $_____________________
(_________________________________________ & _____/100 dollars) per required inspection.OWNER herewith grants an express lien upon such fire extinguishers and other times supplied by SELLER to secure repayment of the sums due by OWNER to SELLER. Any applicable sales or use tax shall be added to the amounts due.
The extinguishers shall bear the manufacturers warranty. Upon the expiration of the useful life of the extinguishers, or when required by applicable laws or regulations, SELLER shall replace the extinguishers at its most favorable price at that time.
In the event that any fire extinguisher is used or discharged, OWNER shall notify SELLER who shall replace or refill the same promptly, and shall charge its most favorable price at that time.
OWNER may terminate this agreement on _______________________ months written notice to SELLER.Dated: _____________________________
_________________________________________
_____________________ By Owner
_________________________________________
_____________________ By Seller
Fire Extinguisher Sale & Maintenance
Review ListThis review list is provided to inform you about this document in question and assist you in its preparation. It is important for legal liability to have this document in place if you are the owner of rental real estate property. If you ever have a tenant lawsuit related to fire or safety, having this document in place will serve your cause well.
1. Make multiple copies. Give one to each signer and put one in your legal file, as well as in the property in question’s file.
Frequently Asked Questions
What is a fire extinguisher sale and maintenance agreement?
A fire extinguisher sale and maintenance agreement is a contract between an owner and a seller for the installation and ongoing maintenance of fire extinguishers. The seller agrees to install extinguishers that meet applicable laws and regulations, and to inspect and service them on a regular schedule. The agreement also specifies payment terms for the initial sale and installation and for each required inspection.
What does the seller agree to do under this agreement?
Under this agreement, the seller shall install fire extinguishers rated as specified, in accordance with all applicable laws and regulations of the state and other applicable jurisdictions. The seller shall also inspect the extinguishers and refill or make other adjustments as required by applicable law on a set schedule. If laws or regulations change regarding the number and type of inspections, the seller shall perform inspections on the new schedule if it applies to the owner.
How often must the fire extinguishers be inspected?
The agreement requires the seller to inspect the fire extinguishers and refill or make other adjustments as required by applicable law every specified number of months. The exact interval is left blank in the template and must be filled in by the parties. If laws or regulations change, the seller must follow the new inspection schedule if it applies to the owner.
What are the payment terms in this fire extinguisher agreement?
The agreement states that the seller shall be paid a specified dollar amount for the initial sale and installation of the fire extinguishers. Additionally, the seller shall be paid a specified dollar amount per required inspection. Both amounts are left blank in the template and must be completed by the parties.
What happens if laws about fire extinguisher inspections change?
If there is any change in the laws or regulations related to the number and type of inspections, the seller shall perform the inspections upon such new schedule, if applicable to the owner. This means the seller must adjust the inspection frequency to comply with updated legal requirements. The agreement does not specify additional compensation for such changes beyond the per-inspection fee.
Does the agreement include a lien on the fire extinguishers?
Yes, the agreement states that the owner grants an express lien upon the fire extinguishers and other time. This lien gives the seller a security interest in the equipment. The exact scope and terms of the lien are not fully detailed in the provided text.
What ratings must the fire extinguishers have?
The agreement requires the seller to install fire extinguishers rated as specified in the blank provided. The rating must be filled in by the parties. The extinguishers must also meet all regulations of the specified governmental entities and other applicable jurisdictions.
Who is responsible for ensuring the fire extinguishers comply with regulations?
The seller is responsible for installing fire extinguishers that meet all applicable laws and regulations of the state and other applicable jurisdictions. The seller must also ensure the extinguishers meet the regulations of the specified governmental entities. The owner's role is primarily to grant the lien and make payments as agreed.
What is the deadline for installing the fire extinguishers?
The agreement includes a blank for the installation deadline, which must be filled in by the parties. The seller agrees to install the fire extinguishers no later than that specified date. The exact deadline is not provided in the template text.
Can the inspection schedule be changed after the agreement is signed?
Yes, if there is a change in laws or regulations related to the number and type of inspections, the seller shall perform inspections on the new schedule if it applies to the owner. This allows the inspection frequency to be updated to remain compliant with legal requirements. The agreement does not require renegotiation for such changes.
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