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Document Id : 8029
File Type : Microsoft Word
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Virginia Marina Slip Storage / Rental Agreement
Virginia marina owners, prepare Marina Slip Storage ⁄ Rental Agreements (Mooring Leases) for your slip tenants with this easy-to-use template.
- Rental fees must be paid in advance. The slip user will not be allowed to launch if any rental fees are unpaid.
- If the slip user vacates before the end of the rental term, no refund will be paid for the unused portion of the term.
- A security deposit must be paid, which will be refunded within 30 days after termination, less any amounts deducted for damage or for unpaid rental fees.
- The slip user must keep the vessel insured during the rental period.
- The marina owner is not liable for any loss or damage of the vessel caused by accident, natural causes or other factors outside of the owner's control.
- The marina owner will have a maritime lien against the vessel, in addition to any liens arising under State law, and the slip user agrees not to contest any such lien.
- The marina owner is entitled to keep the vessel in custody at its facility in any legal proceeding to enforce its lien.
- The marina owner has the right to demand that the slip user move the vessel to another suitable slip at any time during the rental period, if circumstances require such a move.
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