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.
The Tennessee Boat Mooring License between Condominium Association and Owner of Unit — Dock or Slip Rental is a legal agreement that outlines the terms and conditions for the use and rental of a docking or slip space within a condominium association. This license ensures clarity and accountability for both the association and the unit owner. Keywords: 1. Tennessee Boat Mooring License: This refers to the specific license issued in the state of Tennessee for boat mooring and rental purposes. 2. Condominium Association: It signifies a body or organization that governs the overall operation and management of a condominium complex. 3. Owner of Unit: This refers to the individual or entity who holds ownership rights to a specific unit within the condominium complex. 4. Dock or Slip Rental: It indicates the act of renting or leasing a designated space within a marina or water body where boats can dock or be stored. Different Types of Tennessee Boat Mooring License between Condominium Association and Owner of Unit — Dock or Slip Rental: 1. Annual Mooring License: This type of license allows the unit owner to rent a docking or slip space for an entire year, providing them with continuous access to the facilities. 2. Seasonal Mooring License: This license is specific to a particular boating season, typically spanning a few months, and allows the unit owner to rent a dock or slip space during that period. 3. Monthly Mooring License: This license grants the unit owner the right to rent a docking or slip space on a monthly basis, providing flexibility for shorter-term boat storage needs. 4. Temporary Mooring License: This type of license allows the unit owner to rent a docking or slip space for a specific duration that is less than a month, offering a temporary solution or short-term arrangement. The Tennessee Boat Mooring License between Condominium Association and Owner of Unit — Dock or Slip Rental serves as a mutual agreement, ensuring the responsible use of the docking facilities and addressing various aspects such as fees, maintenance responsibilities, and rules and regulations governing the operation of boats within the premises. Both parties must thoroughly understand and comply with the terms outlined in the license to avoid breaches and potentially costly consequences.The Tennessee Boat Mooring License between Condominium Association and Owner of Unit — Dock or Slip Rental is a legal agreement that outlines the terms and conditions for the use and rental of a docking or slip space within a condominium association. This license ensures clarity and accountability for both the association and the unit owner. Keywords: 1. Tennessee Boat Mooring License: This refers to the specific license issued in the state of Tennessee for boat mooring and rental purposes. 2. Condominium Association: It signifies a body or organization that governs the overall operation and management of a condominium complex. 3. Owner of Unit: This refers to the individual or entity who holds ownership rights to a specific unit within the condominium complex. 4. Dock or Slip Rental: It indicates the act of renting or leasing a designated space within a marina or water body where boats can dock or be stored. Different Types of Tennessee Boat Mooring License between Condominium Association and Owner of Unit — Dock or Slip Rental: 1. Annual Mooring License: This type of license allows the unit owner to rent a docking or slip space for an entire year, providing them with continuous access to the facilities. 2. Seasonal Mooring License: This license is specific to a particular boating season, typically spanning a few months, and allows the unit owner to rent a dock or slip space during that period. 3. Monthly Mooring License: This license grants the unit owner the right to rent a docking or slip space on a monthly basis, providing flexibility for shorter-term boat storage needs. 4. Temporary Mooring License: This type of license allows the unit owner to rent a docking or slip space for a specific duration that is less than a month, offering a temporary solution or short-term arrangement. The Tennessee Boat Mooring License between Condominium Association and Owner of Unit — Dock or Slip Rental serves as a mutual agreement, ensuring the responsible use of the docking facilities and addressing various aspects such as fees, maintenance responsibilities, and rules and regulations governing the operation of boats within the premises. Both parties must thoroughly understand and comply with the terms outlined in the license to avoid breaches and potentially costly consequences.
