Boat slip lease agreement

[tuanvuhse]

Virginia

I signed a boat slip lease agreement on 9/13/16 but it does not take effect until 11/1/16, Can I terminate the contract if I have not moved my boat into the slip?

Thanks

 

[Zigner]

Virginia

I signed a boat slip lease agreement on 9/13/16 but it does not take effect until 11/1/16, Can I terminate the contract if I have not moved my boat into the slip?

Thanks

That would depend on the terms of your agreement. I suspect that you aren't going to be able to terminate it so easily.

 

[quincy]

Virginia

I signed a boat slip lease agreement on 9/13/16 but it does not take effect until 11/1/16, Can I terminate the contract if I have not moved my boat into the slip?

Thanks

Yes, you can terminate the contract that you signed but there are probably penalties outlined in your contract for termination.

I suggest you read the agreement carefully. If there is no termination clause, I suggest you contact the marina to see if you can cancel the contract without penalty.


(I seem to be jumping into these threads just after you and/or FlyingRon recently, Zigner)

 

[adjusterjack]

Virginia

I signed a boat slip lease agreement on 9/13/16 but it does not take effect until 11/1/16, Can I terminate the contract if I have not moved my boat into the slip?

Did you put up any money?

 

[tuanvuhse]

Yes I paid the slip fee for 1 year in advance.

 

[quincy]

Yes I paid the slip fee for 1 year in advance.

You should check your boat slip agreement to see if all or part of the slip fee is refundable.