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Boat Charter Agreement

------------------, referred to as OWNER, and ---------------------, referred to as CHARTERER, agree:

OWNER charters the vessel named ___________________, with registration number ______, to CHARTERER, subject to the following terms and agreements:

CONDITION ON DELIVERY

Age of vessel:

Value of vessel: $ (dollars)

Length:

Beam:

Mean draft:

Maximum accommodation of passengers:

Last inspection by ____________________, dated ___________, 20 __.

Prior to acceptance of the vessel, CHARTERER shall have the right to have the vessel surveyed by an independent, qualified, marine surveyor. In the event that the surveyor reports that the vessel is not seaworthy, OWNER will remedy these conditions at OWNER's expense and will reimburse the reasonable costs of the inspection.

Upon acceptance of the vessel, CHARTERER acknowledges that the vessel is in good condition, fit for the proposed use by the CHARTERER and seaworthy.

CHARTERER acknowledges that the vessel is of size, design, and capacity suitable for charterer's use.

TERM AND RENT

The length of this agreement shall be months at a rate of $ (dollars) per month payable in advance to the owner without deduction or offset.

SECURITY DEPOSIT

OWNER acknowledges that CHARTERER has deposited with the OWNER a security deposit of $ (dollars) and CHARTERER agrees that this deposit shall be security for performance of charterer's obligations under this agreement. No interest shall be paid on the deposit and the deposit may not be applied to rent.

LOCATION

The vessel will be permanently berthed at _________________. CHARTERER shall give owner [--] days written notice of any change in permanent berthing of the vessel, and owner shall have the right of reasonable approval any proposed change in location.

CHARTERER shall not remove the vessel from the following geographical area without prior written permission from the owner:

LIABILITY FOR LOSS OR DAMAGE

CHARTERER assumes all risk of loss or damage to the vessel. CHARTERER shall...

(Excerpt)

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