Did your elevator service provider send you an email announcing an “update” to its terms and conditions? Don’t click “accept” just yet.
Changes to an existing service agreement can affect everything from renewal terms and termination rights to pricing, liability and service obligations. Before accepting updated terms, it’s important to understand what’s actually changing, what your current agreement says and whether there’s an opt-out or objection deadline.
In our latest blog, Metro Elevator General Counsel, Dan Morgenstern, breaks down what building owners should look for when they receive an elevator service contract update and why the original agreement should always be your starting point.
Read the full article to learn what to look for and how to approach proposed contract changes: https://hubs.la/Q04zF6Gn0