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
This agreement covers any situation where two or more people or sets of people share ownership and use.
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