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Simple English definitions for legal terms

charter agreement

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A quick definition of charter agreement:

A charter agreement is a contract between the owner of a ship and a merchant or individual who wants to lease the ship for a specific period of time or voyage. It is also known as a charterparty or charter party. The agreement outlines the terms and conditions of the lease, including the purpose of the voyage and the responsibilities of both parties. In the past, charterparties were written on two separate documents, but today they are usually detailed written agreements.

A more thorough explanation:

A charter agreement, also known as a charterparty, is a contract between the owner of a ship and a merchant or charterer. The agreement allows the charterer to lease the ship or a part of it for a predetermined voyage or a specified period of time. The purpose of the agreement is to transport goods from one or more places.

For example, a company may need to transport a large amount of goods from one country to another. Instead of buying a ship, they can enter into a charter agreement with a ship owner. The agreement will specify the terms of the lease, including the duration of the lease, the ports of call, and the payment terms.

Charter agreements can be written or verbal, but most are detailed written documents that are tailored to the specific needs of the shipper and carrier. The agreement is a legally binding contract that outlines the responsibilities and obligations of both parties.

chartel | chartered life underwriter

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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