The slip agreement with fall in Wake serves as a lease contract between a marina and a boat owner for the rental of a berthing space. Key features include details about the boat and owner, rental fees, and conditions for terminating the lease. The document specifies the responsibilities of the boat owner, including maintenance of the leased space and liability for any damages. It allows for amendments by the marina, requiring written notice for any changes to the terms. The agreement emphasizes that it is not a bailment but rather a lease, limiting the marina's liability for the boat. This form is useful for attorneys and legal professionals who assist in drafting or reviewing lease agreements. Partners and owners of marinas can utilize it to standardize contracts with boat owners, ensuring clarity in terms. Associates and paralegals benefit from having a structured format for lease documentation, enhancing their efficiency in legal tasks. Legal assistants can leverage this form for client interactions, simplifying communication related to berthing space rentals.