A boat slip agreement is used when renting a boat slip where someone can dock their boat. There are a lot of factors to consider as the owner of a property that rents boat slips, so you’ll want to use a lease agreement like this to ensure that all of your rights are fully protected.
The lessee is the person holding the lease for slip, i.e., the tenant, and the lessor is the one leasing the slip, i.e., the landlord. The titles can be confusing at first glance, but it’s important to know which title applies to which party.
Name: [Client.FirstName] [Client.LastName]
Address: [Client.StreetAddress] [Client.City] [Client.State] [Client.PostalCode]
Name: [Sender.FirstName] [Sender.LastName]
Address: [Sender.StreetAddress] [Sender.City] [Sender.State] [Sender.PostalCode]
Start lease date: (date)
End lease date: (date)
Hourly/daily/monthly rental fee: $(amount)
Total rental amount: $(amount)
Security deposit amount: $(amount)
Payment method: (check, credit, debit, electronic transfer, etc.)
Because boats can range significantly in size, build, etc., you want to ensure that there is a limit on use clause specifying that this agreement pertains to the particular vessel that’s been described in this agreement. That way, you’re protected against a lessee potentially bringing in a much larger boat or perhaps a boat in poor condition, either of which could cause damage to the slip.
This Agreement only allows dockage of the vessel described in this document. If Lessee desires to dock a boat other than referenced above, Lessee must complete a new agreement, be bound by the conditions of the new agreement, and pay any additional charges that arise therefrom.
If Lessee wants to extend this Agreement beyond the previously agreed upon time period, the Lessee should contact the Lessor to make a formal request. If the Lessor agrees, additional payment(s) will be made at the onset of the new period of extension, and a new agreement might be issued and executed at the discretion of the Lessor.
If Lessee wishes to terminate the agreement prior to the previously agreed-upon termination date, they shall give the Lessor thirty (30) days written notice before departure. Failure to do so will result in the Lessee's continuing adherence to the previously agreed upon rental period and payment schedule. If the rental period is less than 30 days, termination is not available unless the Lessor decides to make an exception.
(i) For cause. The Lessor may terminate this agreement for cause if the Lessee violates any terms or conditions of this agreement. If the Lessee violates any of the terms and conditions in this agreement, the Lessor shall have the option of terminating this agreement with three (3) days notice, without waiving any other rights hereinunder. Lessee must remove their boat from the slip before the end of the notice period.
(ii) Not for cause. The Lessor retains the right to terminate this agreement without cause, at any time, upon ten (10) days written notice to the Lessee. In such cases, any charges, prepaid fees, or expenses shall be prorated, and any surplus returned to the Lessor, and Lessor shall remove their boat by the termination date issued.