A license can be terminated at any time by the person giving the license (unless a license agreement states otherwise) and will continue only as long as the person giving the license is the owner of the land. Upon the sale of the property, the license terminates unless the new owner agrees to continue the license.
A condominium is a combination of co-ownership and individual ownership. Those who own an apartment house or buy a condominium are co-owners of the land and of the halls, lobby, and other common areas, but each apartment in the building is individually owned by its occupant. A homeowners or condominium association, consisting of all the members, typically manages the condominium through a board of directors elected by the membership. In this form, the condominium manages the dock and mooring facilities as well as the rest of the condominium owner's property.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular Jurisdiction.
Chicago Illinois Boat Mooring License between Condominium Association and Owner of Unit — Dock or Slip Rental The Chicago Illinois Boat Mooring License is a legal agreement established between the Condominium Association and the Owner of a Unit for the purpose of Dock or Slip Rental. This license is specifically designed to regulate and govern the use of boat mooring spaces within the jurisdiction of the Condominium Association. By obtaining a Boat Mooring License, the Owner of a Unit is granted the exclusive right to rent and utilize a designated dock or slip area to moor their boat or watercraft. This license serves as a contract, outlining the terms and conditions that both parties must adhere to in order to ensure a harmonious and fair agreement. The Boat Mooring License typically contains the following key provisions: 1. Identification of Parties: The license will clearly identify the Condominium Association and the Owner of the Unit, establishing their respective roles and responsibilities. 2. Term and Termination: The agreement will specify the duration of the license, including start and end dates. It may also outline conditions for termination, such as a breach of the license terms. 3. Rental Fees and Maintenance Responsibilities: The license will specify the agreed-upon rental fees for the dock or slip area, as well as any additional charges or expenses. It will also detail the respective responsibilities of the Owner and the Condominium Association in terms of maintenance, repair, and upkeep of the mooring space. 4. Use and Access: The license will outline the permitted use of the mooring space, such as the type and size of boats or watercraft allowed. It may also detail any restrictions or rules for access, such as designated operating hours or specific guidelines for navigation within the area. 5. Insurance and Liability: The license will typically require the Owner to maintain appropriate insurance coverage for their boat or watercraft. It may also outline the liability of both parties in the event of damage, accidents, or injuries related to the mooring space. Different types of Chicago Illinois Boat Mooring Licenses may exist depending on the specific regulations and requirements of the Condominium Association. For instance: — Floating Dock Mooring License: This type of license pertains to the rental and use of mooring spaces located on floating docks within the condominium's waterfront area. — Fixed Slip Mooring License: This license applies to the rental and use of designated fixed or permanent slips attached to piers or wharves within the condominium's marina. — Electric Boat Slip Mooring License: Specifically designed for electric-powered boats, this license caters to the unique needs and requirements of owners of electric watercraft. In conclusion, the Chicago Illinois Boat Mooring License between a Condominium Association and an Owner of a Unit for Dock or Slip Rental is a legal agreement that governs the use and rental of mooring spaces within a condominium's waterfront area. Different types of licenses may exist depending on the specific characteristics and regulations of the mooring facility.Chicago Illinois Boat Mooring License between Condominium Association and Owner of Unit — Dock or Slip Rental The Chicago Illinois Boat Mooring License is a legal agreement established between the Condominium Association and the Owner of a Unit for the purpose of Dock or Slip Rental. This license is specifically designed to regulate and govern the use of boat mooring spaces within the jurisdiction of the Condominium Association. By obtaining a Boat Mooring License, the Owner of a Unit is granted the exclusive right to rent and utilize a designated dock or slip area to moor their boat or watercraft. This license serves as a contract, outlining the terms and conditions that both parties must adhere to in order to ensure a harmonious and fair agreement. The Boat Mooring License typically contains the following key provisions: 1. Identification of Parties: The license will clearly identify the Condominium Association and the Owner of the Unit, establishing their respective roles and responsibilities. 2. Term and Termination: The agreement will specify the duration of the license, including start and end dates. It may also outline conditions for termination, such as a breach of the license terms. 3. Rental Fees and Maintenance Responsibilities: The license will specify the agreed-upon rental fees for the dock or slip area, as well as any additional charges or expenses. It will also detail the respective responsibilities of the Owner and the Condominium Association in terms of maintenance, repair, and upkeep of the mooring space. 4. Use and Access: The license will outline the permitted use of the mooring space, such as the type and size of boats or watercraft allowed. It may also detail any restrictions or rules for access, such as designated operating hours or specific guidelines for navigation within the area. 5. Insurance and Liability: The license will typically require the Owner to maintain appropriate insurance coverage for their boat or watercraft. It may also outline the liability of both parties in the event of damage, accidents, or injuries related to the mooring space. Different types of Chicago Illinois Boat Mooring Licenses may exist depending on the specific regulations and requirements of the Condominium Association. For instance: — Floating Dock Mooring License: This type of license pertains to the rental and use of mooring spaces located on floating docks within the condominium's waterfront area. — Fixed Slip Mooring License: This license applies to the rental and use of designated fixed or permanent slips attached to piers or wharves within the condominium's marina. — Electric Boat Slip Mooring License: Specifically designed for electric-powered boats, this license caters to the unique needs and requirements of owners of electric watercraft. In conclusion, the Chicago Illinois Boat Mooring License between a Condominium Association and an Owner of a Unit for Dock or Slip Rental is a legal agreement that governs the use and rental of mooring spaces within a condominium's waterfront area. Different types of licenses may exist depending on the specific characteristics and regulations of the mooring facility.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
