Standard Boat Lease Agreement Template for Canada

1. Crew Requirements: Required when the vessel requires professional crew or specific certifications for operation

2. Commercial Use Provisions: Include when the vessel is permitted to be used for commercial purposes

3. Sublease Rights: Optional section detailing if and how the lessee may sublease the vessel

4. Purchase Option: Include when offering the lessee an option to purchase the vessel

5. Charter Arrangements: Required when the vessel may be chartered to third parties

6. Special Equipment: Include when the lease includes significant equipment beyond standard vessel features

7. Environmental Compliance: Detailed environmental requirements for operations in sensitive areas or specific jurisdictions

8. Mooring Arrangements: Include when specific berthing or mooring arrangements are part of the lease

1. Schedule A - Vessel Specifications: Detailed technical specifications of the vessel

2. Schedule B - Inventory List: Comprehensive list of equipment, accessories, and tools included in the lease

3. Schedule C - Condition Report: Detailed report of vessel condition at commencement of lease

4. Schedule D - Insurance Requirements: Specific insurance coverage requirements and minimum limits

5. Schedule E - Maintenance Schedule: Required maintenance schedule and procedures

6. Schedule F - Operating Procedures: Standard operating procedures and safety protocols

7. Appendix 1 - Registration Documents: Copies of vessel registration and certification documents

8. Appendix 2 - Safety Equipment Checklist: List of required safety equipment and their locations on board