Fill and Sign the Crewed Yacht Charters All Inclusive Yacht Vacationsthe Moorings Form

Charter Agreement for Boat (E.G., Sailboat or Motor Yacht) Charter Agreement made on the ___ day of __________, 20___, between ____________ of __________________________________ (street address, city, county, state, zip code), referred to herein as Charterer, and _________________________, Inc., a corporation organized and existing under the laws of the state of _________, with its principal office located at _____________________________________________(street address, city, county, state, zip code), referred to herein as Owner. Owner hereby leases to Charterer the _________ (type of vessel), _____________ (name), registration no. ____ (the Vessel), subject to the following terms, conditions, and agreements: I. Condition on DeliveryA. The Vessel is a ___-year-old _____________________________ (e.g., sailboat or motor yacht), valued at $____________, with an overall length of ___feet, a beam of ____feet, and a mean draft of _____feet, ___inches, with accommodations for ____persons total. The Vessel is equipped with all safety equipment required by the United States Coast Guard for such a vessel. The Vessel was overhauled and inspected by Owner on ______ (date), and at that time was found or made to be seaworthy and otherwise in good condition. Acceptance or use of the Vessel by Charterer will be deemed to be an acknowledgment that the Vessel is seaworthy, in good condition, and fit for Charterer's purposes. B. Charterer, at the expense of Charterer, may obtain a survey of the Vessel by a qualified marine surveyor prior to acceptance. If the report of this survey is that the Vessel is not seaworthy and in good condition, then this Agreement shall terminate and Owner shall reimburse Charterer for all of expenses incurred by Charterer in connection with this Agreement, including those of the survey. Charterer acknowledges that the Vessel is of a size, design, and capacity suitable for Charterer's use. III. Term and Rent The initial term of this Agreement is ___months at a rate of $_______ per month payable in advance at the office of Owner at ______________________________________ (street address, city, county, state, zip code). Receipt of the first month's rent is acknowledged by Owner. After the expiration of the initial term, this Agreement shall continue on a month-to-month basis subject to te
T termination provisions below. If charterer does not receive a rent check at the time of initial acceptance of the vessel by charterer, then charterer immediately shall terminate this agreement. Iv. If charterer makes a request with the vessel owner for a new charter in which owner changes his or her name, then the new charter shall commence on the first business day of (month, day), beginning on the (date), and ending the (date). However, ownership of the vessel shall not change until 24 hours after the new charter has commenced, except where the vessel owner agrees in advance to change ownership at any time, for up to 45 days prior to the date of the change. The new charter shall be made by the owner, at a cost of approximately (thousand dollars) per month to owner, upon receipt of a charter application signed by the owner and at the time of acceptance of a charter. If the vessel owner is not the owner in a subsequent vessel charter, then the new charter shall be by a corporate or other legal entity of which owner is a partner, or by another suitable person, duly verified. V. This agreement begins on the (time of acceptance) and does not terminate during the term. The vessel shall be delivered or left at the owners request on the (date) at the office of the charterer at (street address, city, county, state, zip code) unless a charter has been granted, in which case the owner shall deliver the vessel to the charterer's office on the (date at the charterer's office for the charter). If the vessel is not delivered on time, this agreement shall terminate. Vi. To be effective, the terms and conditions of this agreement must be approved by a majority of the charterer's shareholders. Vii. Ownership shall be transferred to a charterer upon the chartering of this vessel, not to be later than 60 days before the date of the vessel's delivery to the owner. The charter shall be accompanied by a certificate from the commissioner certifying that charterer has inspected and approved the vessel for the purpose of providing a charter which shall be recorded on the state register. Viii. Ownership should normally be transferred within (month, day), though may be deferred for up to (15th day). The owner must also be given at least (30 days of notice) advance notice of the time and place of delivery if the vessel is left at the owners' residence or in the owner's place of business. Viii(b). In default of delivery within.