The tenant shall at all times comply with the rules, regulations, terms and conditions applicable to service, equipment, wiring and requirements of the public utility supplying electricity to the building.
The New Mexico Clause Dealing with Representations of Existing Electrical Service and the Ability to Obtain More is an essential provision in the state's regulations regarding electrical services. This clause is designed to ensure accurate and transparent information on the current electrical service of a property, as well as the potential to expand or obtain additional electrical resources as needed. One type of New Mexico Clause Dealing with Representations of Existing Electrical Service and the Ability to Obtain More is commonly found in residential real estate contracts. This clause serves to protect homebuyers by requiring the seller to provide truthful and detailed representations regarding the current electrical service in the property being sold. It ensures that the buyer understands the capacity and limitations of the existing electrical system, helping them make informed decisions about their potential energy demands. Another type of clause dealing with representations of existing electrical service and the ability to obtain more can be found in commercial lease agreements. In these agreements, business owners or tenants are required to disclose the current electrical service capabilities of the premises they are leasing. This ensures that the tenant's electrical requirements can be adequately met and provides landlords with the necessary information to accommodate potential expansions or modifications. The New Mexico Clause Dealing with Representations of Existing Electrical Service and the Ability to Obtain More emphasizes the importance of accurately representing the electrical infrastructure within a property. It helps prevent misunderstandings, disputes, and potential safety hazards related to inadequate electrical supply. Whether in residential or commercial settings, this clause ensures that parties involved understand the existing electrical service and have clarity on the options available to increase capacity when necessary. To comply with this clause, property sellers or lessors must disclose accurate information about the current electrical service, including the maximum load capacity, any existing upgrades or modifications, and any known limitations or issues. Meanwhile, purchasers or lessees must review this information carefully and, if needed, consult with electrical professionals to determine if the existing infrastructure meets their needs or if upgrades will be necessary. In summary, the New Mexico Clause Dealing with Representations of Existing Electrical Service and the Ability to Obtain More plays a crucial role in ensuring transparency and informed decision-making regarding electrical services. This provision protects the interests of buyers or tenants, ensures compliance with applicable regulations, and promotes the safety and functionality of electrical systems in residential and commercial properties.