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When this tenant further leases out this property to another tenant, this is known as subleasing.
There is no agreement to create a bailment of the Vessel, nor do the parties intend to create a bailment for the Vessel.
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This Agreement is for the rental of the Boat Slip only. Be aware that the contract may require you to pay for such things as fenders or docklines if yours are deemed inadequate or even having your boat pumped out and raised if it sinks. The slip may not be used for any commercial purpose whatsoever.
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