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.
Vermont Boat Mooring License between Condominium Association and Owner of Unit — Dock or Slip Rental In Vermont, a Boat Mooring License is a legal agreement that governs the use and rental of dock or slip spaces by unit owners within a condominium association. This license ensures that the rights and responsibilities of both the association and the owner are clearly defined and helps maintain a fair and organized system for utilizing the marina facilities. Various types of Boat Mooring Licenses can exist between a Condominium Association and the owners of the units. Some common types include: 1. Individual Boat Mooring License: This type of license grants the individual unit owner exclusive rights to a specific dock or slip for a specified period. The owner can use this space solely for mooring their boat, providing them with a dedicated spot within the marina. 2. Shared Boat Mooring License: In this type of license, multiple unit owners share the use of a dock or slip. This arrangement allows for cost-sharing and more efficient utilization of the marina facilities. The license agreement typically specifies the schedule and allocation of time for each owner to use the shared space. 3. Seasonal Boat Mooring License: This license is valid for a specific season, typically during the boating months in Vermont. It allows the unit owner to use the dock or slip exclusively during this period. The license is renewable on an annual basis, ensuring fair access to the marina facilities for all unit owners. 4. Transferable Boat Mooring License: A transferable license allows the unit owner to transfer their boat mooring rights to another individual, subject to the approval of the Condominium Association. This type of license provides flexibility for owners who may not be actively using their boat or need to temporarily transfer their mooring rights. The Vermont Boat Mooring License agreement typically outlines several key components, including: 1. License Term: The license specifies the duration for which the rights to the dock or slip are granted. This could be for a specific period, such as a season, or an ongoing arrangement. 2. License Fee: The agreement includes the amount and frequency of payment required from the owner to the Condominium Association for the use of the dock or slip. This fee may cover maintenance, insurance, and other associated costs. 3. Responsibilities: The license outlines the responsibilities and obligations of both the Association and the owner. This includes the maintenance and upkeep of the dock or slip, adherence to safety regulations, and compliance with any state or local laws. 4. Renewal and Termination: The agreement may include provisions for license renewal and termination. It clarifies the process and conditions under which the license may be extended or terminated by either party. 5. Indemnification and Liability: The license agreement typically includes language indemnifying the Association from any liability arising out of accidents, damages, or injuries that occur in relation to the use of the dock or slip by the owner. The Vermont Boat Mooring License between a Condominium Association and the owner of a unit provides a legal framework to ensure a harmonious and organized system for utilizing the marina facilities. It helps protect the interests of both parties and promotes responsible boat ownership within the condominium community.
