Fractional ownership of a boat requires an agreement that not only sets out ownership shares and responsibility for costs but a legal framework that covers management structure, responsibility for maintenance and repair, mooring and who uses the boat when. Net Lawman fractional ownership agreements do not try to enforce a single owner wearing the captain's hat, but rather allow a comprehensive, considered arrangement.
Fractional ownership agreements for boats and yachts
Templates
Boat sharing agreement
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This agreement covers any situation where two or more people or sets of people share ownership and use.
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