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.
Oklahoma Boat Mooring License between Condominium Association and Owner of Unit — Dock or Slip Rental: A Detailed Description In Oklahoma, when a condominium association and a unit owner come to an agreement regarding the rental of a dock or slip for boat mooring purposes, a Boat Mooring License is drafted. This license outlines the terms and conditions agreed upon by both parties, establishing their rights and responsibilities in relation to the rental arrangement. The license ensures a smooth sailing experience between the association and the unit owner, providing legal protection and addressing any potential disputes that may arise. Key terms and conditions that are typically included in an Oklahoma Boat Mooring License between a Condominium Association and an Owner of a Unit: 1. Definitions: The license begins by defining important terms such as "Association," "Owner," "Dock" or "Slip," "Vessel," and any other relevant keywords to avoid confusion during the negotiation and execution of the agreement. 2. Mooring Terms: This section outlines the duration and specific periods of the mooring license, which could range from annual, seasonal, monthly, or even weekly terms. It also mentions any renewal options available to the unit owner. 3. Rent and Fees: The license specifies the amount of rent to be paid by the unit owner for the use of the dock or slip. It may also mention any additional fees, such as utilities, maintenance fees, or assessments, which the owner is responsible for. The license should clearly state the due dates for rent payment and the consequences of late or non-payment. 4. Use of the Dock or Slip: This section details the permitted use of the dock or slip, specifying whether it is restricted to a particular vessel, size, or type. It also outlines any limitations or prohibitions, such as commercial activities, linerboards, or subleasing, to maintain the integrity and safety of the condominium's mooring facilities. 5. Maintenance and Repairs: Both parties share responsibilities for maintenance and repairs. The license should clearly state who is responsible for routine upkeep, repairs caused by normal wear and tear, and any major repairs required due to negligence or misuse. It may also include provisions for the allocation of costs related to repairs and improvements. 6. Insurance: To protect the interests of both parties, the license may require the unit owner to maintain adequate insurance coverage for their vessel and indemnify the condominium association from any liability arising from accidents, damages, or injuries occurring while using the dock or slip. 7. Termination: This section outlines the conditions under which either party can terminate the mooring license, including breach of terms, non-payment, or violation of the condominium association's rules and regulations. It may specify the notice period required before termination and any associated penalties or refunds. Variations and types of Oklahoma Boat Mooring Licenses: 1. Annual Mooring License: A long-term agreement that grants the unit owner exclusive use of the dock or slip for a year. It may include automatic renewal options. 2. Seasonal Mooring License: This license is suitable for owners who use their boats seasonally, like during summers or specific months of the year. 3. Monthly or Weekly Mooring License: Short-term agreements catering to owners who require temporary mooring services for a limited duration. By addressing these key points in an Oklahoma Boat Mooring License between a Condominium Association and an Owner of a Unit — Dock or Slip Rental, both parties can establish clear expectations, maintain a harmonious relationship, and ensure a safe and enjoyable boating experience within the condominium community.Oklahoma Boat Mooring License between Condominium Association and Owner of Unit — Dock or Slip Rental: A Detailed Description In Oklahoma, when a condominium association and a unit owner come to an agreement regarding the rental of a dock or slip for boat mooring purposes, a Boat Mooring License is drafted. This license outlines the terms and conditions agreed upon by both parties, establishing their rights and responsibilities in relation to the rental arrangement. The license ensures a smooth sailing experience between the association and the unit owner, providing legal protection and addressing any potential disputes that may arise. Key terms and conditions that are typically included in an Oklahoma Boat Mooring License between a Condominium Association and an Owner of a Unit: 1. Definitions: The license begins by defining important terms such as "Association," "Owner," "Dock" or "Slip," "Vessel," and any other relevant keywords to avoid confusion during the negotiation and execution of the agreement. 2. Mooring Terms: This section outlines the duration and specific periods of the mooring license, which could range from annual, seasonal, monthly, or even weekly terms. It also mentions any renewal options available to the unit owner. 3. Rent and Fees: The license specifies the amount of rent to be paid by the unit owner for the use of the dock or slip. It may also mention any additional fees, such as utilities, maintenance fees, or assessments, which the owner is responsible for. The license should clearly state the due dates for rent payment and the consequences of late or non-payment. 4. Use of the Dock or Slip: This section details the permitted use of the dock or slip, specifying whether it is restricted to a particular vessel, size, or type. It also outlines any limitations or prohibitions, such as commercial activities, linerboards, or subleasing, to maintain the integrity and safety of the condominium's mooring facilities. 5. Maintenance and Repairs: Both parties share responsibilities for maintenance and repairs. The license should clearly state who is responsible for routine upkeep, repairs caused by normal wear and tear, and any major repairs required due to negligence or misuse. It may also include provisions for the allocation of costs related to repairs and improvements. 6. Insurance: To protect the interests of both parties, the license may require the unit owner to maintain adequate insurance coverage for their vessel and indemnify the condominium association from any liability arising from accidents, damages, or injuries occurring while using the dock or slip. 7. Termination: This section outlines the conditions under which either party can terminate the mooring license, including breach of terms, non-payment, or violation of the condominium association's rules and regulations. It may specify the notice period required before termination and any associated penalties or refunds. Variations and types of Oklahoma Boat Mooring Licenses: 1. Annual Mooring License: A long-term agreement that grants the unit owner exclusive use of the dock or slip for a year. It may include automatic renewal options. 2. Seasonal Mooring License: This license is suitable for owners who use their boats seasonally, like during summers or specific months of the year. 3. Monthly or Weekly Mooring License: Short-term agreements catering to owners who require temporary mooring services for a limited duration. By addressing these key points in an Oklahoma Boat Mooring License between a Condominium Association and an Owner of a Unit — Dock or Slip Rental, both parties can establish clear expectations, maintain a harmonious relationship, and ensure a safe and enjoyable boating experience within the condominium community.
