This review list is being supplied to you in order to inform you about the document in question and to guide you in preparing it for submission. This charter agreement can be customized to use for a variety of charters, including bus tours, boat tours, and school field trips.
- Make numerous copies of the document. Give a copy to each of the parties.
Charter Agreement
Charter Agreement
This charter agreement made this date, ______________________, made between ___________________, Owner and ________________, Charterer. Owner charters the vessel named ___________, with registration number, ___________, subject to the following terms and agreements:
CONDITION ON DELIVERYThe vessel is ___ years old and is valued at $ ____________ (_________________________________________&___/100 dollars), of length overall of __ feet, beam of __ feet, mean draft of ___ feet, with accommodations for __ people. The vessel is equipped with all safety equipment required by the United States Coast Guard for such vessel; the vessel was overhauled and inspected by _______________ on ______, and at that time was found or made to be found seaworthy, and otherwise in good condition. Acceptance or use of the vessel by the charterer will be deemed to be an acknowledgment that the vessel is seaworthy, in good condition, and fit for charterer’s purposes.
Charterer has the option to have the vessel surveyed by a qualified marine surveyor prior to acceptance. If a surveyor finds the vessel not seaworthy, the charterer shall be reimbursed by the owner for all of the expenses incurred in connection with this agreement, including those of the survey.
Charterer acknowledges that the vessel is of size, design, and capacity suitable for charterer’s use.
TERM AND RENTThe length of this agreement shall be ______ at a rate of $ ________ (_____________&___/100 dollars) per month payable in advance to the owner.
SECURITY DEPOSITOwner acknowledges that charterer has deposited with the owner as security the sum of $______ (__________________ &___/100 dollars) and charterer agrees that this deposit shall be security for performance of charterer’s obligations under this agreement.
LOCATION OF USEThe vessel will be permanently berthed at ________. Charterer shall give owner 10 days written notice of any change in permanent berthing of the vessel, and owner shall have the right of reasonable approval of any proposed change in location.
Charterer shall not remove the vessel from the following geographical area without prior written permission from the owner: _______________________.
LIABILITY FOR LOSS OR DAMAGECharterer assumes all risk of loss of or damage to the vessel. Charterer shall bear all expenses for fuel and other normal supplies and maintenance. Charterer shall employ persons with such licenses and ratings as may be required to operate the vessel. In the event of the breach of any term herein, Owner shall have the right to retake possession of the vessel.
Dated: ______________________
_____________________________________
Charterer
_____________________________________
Owner
Charter Agreement
Review ListThis review list is provided to inform you about this document in question and assist you in its preparation. This Charter agreement can be modified to work for charters of all kinds, such as buses, boats, and field trips.
1. Make multiple copies. Give each party an original.
Frequently Asked Questions
What is a charter agreement?
A charter agreement is a contract made between an owner and a charterer for the chartering of a vessel. It identifies the vessel by name and registration number and sets out the terms and agreements that govern the charter. The agreement includes details such as the vessel's condition on delivery and the rights of the charterer.
What does 'condition on delivery' mean in a charter agreement?
The condition on delivery section describes the vessel's age, value, dimensions, and accommodations at the time of delivery. It also states that the vessel is equipped with all safety equipment required by the United States Coast Guard and that it was overhauled and inspected by a specified party on a specified date. At that time, the vessel was found or made to be seaworthy and otherwise in good condition.
What happens if the charterer accepts or uses the vessel?
Acceptance or use of the vessel by the charterer is deemed to be an acknowledgment that the vessel is seaworthy, in good condition, and fit for the charterer's purposes. This means that by accepting or using the vessel, the charterer confirms these conditions.
Can the charterer have the vessel surveyed before accepting it?
Yes, the charterer has the option to have the vessel surveyed by a qualified marine surveyor prior to acceptance. This survey allows the charterer to independently verify the vessel's condition.
What happens if the surveyor finds the vessel not seaworthy?
If a surveyor finds the vessel not seaworthy, the charterer shall be reimbursed by the owner for all of the expenses. The article does not specify what expenses are covered beyond stating 'all of the expenses.'
What information is required to identify the vessel in a charter agreement?
The charter agreement requires the vessel's name and registration number. It also includes details such as the vessel's age, value, length overall, beam, mean draft, and accommodations for a certain number of people.
Who are the parties involved in a charter agreement?
The parties involved are the Owner and the Charterer. The agreement is made between these two parties on a specified date.
What safety equipment must the vessel have?
The vessel must be equipped with all safety equipment required by the United States Coast Guard for such vessel. The agreement does not list specific equipment but refers to the Coast Guard requirements.
What does it mean if the vessel was 'found or made to be found seaworthy'?
This phrase indicates that during the overhaul and inspection by a specified party on a specified date, the vessel was either already seaworthy or was made seaworthy. It confirms that the vessel was in good condition at that time.
Is the charterer responsible for verifying the vessel's condition?
The charterer has the option to have the vessel surveyed by a qualified marine surveyor prior to acceptance. If the charterer does not exercise this option, acceptance or use of the vessel is deemed an acknowledgment of its seaworthiness and good condition.





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