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An HVAC service contract allows for hiring a person or company to work on someone's HVAC system. HVAC stands for heating, ventilation, and air conditioning, providing climate-controlled heating and cooling for properties. The process involves bringing in air, filtering it, heating or cooling it, and distributing it through ducts. Creating an HVAC contract helps prevent future issues, with key elements like parties' names, signing date, property address, and services provided.