Ownership protects you from the rising annual rental rates common in popular marinas.
Before finalizing a purchase, verify these technical and legal details: Is Buying a Boat Slip a Good Investment? - DockGear.com buying a boat slip
You own the slip outright, similar to a condo or land. It is recorded as real property and often comes with a clean title and deed. Ownership protects you from the rising annual rental
You buy a share in the marina association that grants you the exclusive right to use a specific slip. buying a boat slip