A prepaid maintenance contract is used as the official evidence between a property or asset owner and the maintenance contractor, in which contract charges are estimated and paid in advance sometimes during the purchase of the equipment or sometimes later. This type of contract includes the specifications & details of the asset or equipment involved and commitment clauses.

Sample Prepaid Maintenance Contract:

Prepaid maintenance contract Number: 94/ SC

This prepaid car maintenance contract is entered between Mr. Ashton L. Symonds, hereinafter known as the car owner, AND, Mr. Adam Ray, hereinafter referred as the maintenance contractor.

Permanent address details of the parties:

  • The Owner

Address:  #72, Wellesley Sir, MA, USA

Phone: 789 654 6712

  • The maintenance contractor

Address: House no. 24, water Oak Drive , MA , USA

Phone: 712 342 6522

This contract is commencing on December 10th, 2011 and is ending on December 10th, 2013.

Hereby, to obey the prepaid maintenance contract, following mentioned are the conditions:

  • Payment:

Contractor has received an amount of $ 2000 from the car owner, as the car maintenance charger for his car Hyundai i20 1.4 Asta (AT), to offer car maintenance for a period of 2 years..

  • Obligations & Responsibilities:

The contractor has to take care of small wear and tear of the car, by checking it every fortnight. Contractor is also responsible for the quarterly servicing of the car.

Hence, Both the parties are requested to validate the contract:

Signature of the Car Owner:

Mr. Ashton L Symonds

Singed by the Contractor:

Mr. Adam Ray

Signature of the Witness:

Barbara Segovia

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