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.
A North Carolina Boat Mooring License between a Condominium Association and the Owner of a Unit — Dock or Slip Rental is a legal agreement that allows a unit owner within a condominium association to rent or lease a dock or slip for the purpose of mooring their boat. This license defines the terms and conditions for the use of the dock or slip, as well as the responsibilities and obligations of both the condominium association and the unit owner. It is important for both parties to enter into this agreement to ensure a clear understanding of their rights and responsibilities. Keywords: North Carolina, boat mooring license, Condominium Association, Owner of Unit, dock rental, slip rental, legal agreement, terms and conditions, responsibilities, obligations. There may be different types of North Carolina Boat Mooring Licenses between a Condominium Association and the Owner of a Unit — Dock or Slip Rental, including: 1. Short-term Rental License: This type of license allows the unit owner to rent or lease the dock or slip for a short duration, such as a couple of weeks or months. It is commonly used for vacation or seasonal rentals. 2. Long-term Rental License: A long-term rental license is for a more extended period, usually for a year or more. This type of license is suitable for individuals who wish to moor their boat in the same location for an extended period, such as full-time residents or year-round boaters. 3. Exclusive Use License: An exclusive use license grants the unit owner exclusive rights to the dock or slip. This means that no other individuals or parties are allowed to use it during the term of the license. This option provides the highest level of privacy and control over the mooring space. 4. Shared Use License: In contrast to the exclusive use license, a shared use license allows multiple unit owners to share the same dock or slip. This arrangement can be beneficial for cost-sharing purposes or when there is limited availability of mooring spaces within the condominium association. 5. Non-transferable License: A non-transferable license restricts the unit owner from subleasing or transferring their rights to another party without the prior approval of the condominium association. This type of license ensures that the association maintains control over who uses the mooring spaces and prevents unauthorized subletting. These different types of boat mooring licenses provide flexibility for both the condominium association and the unit owner, allowing them to choose the most suitable arrangement based on their specific needs and preferences.
