DOC

Dockominiums

 

Exception

DOCX01 STGC

Dockominiums

Navigable servitude of the US Government and State of _________or any political subdivision thereof and rights of the public to the use of any navigable waters covering any land included in the description of the insured premises.

Comment: When insuring a dockominium, a policy exception should be taken.

DOCX02 STGC

Dockominiums (permits and licenses)

The terms and conditions of all permits and licenses issued by federal, state, and local governments, their respective agencies, and quasi-governmental or private agencies having jurisdiction over the Project, including the US Army Corps of Engineers, the state of ________and the City of ________. 

Comment: Typically, the waters on which the dockominium is created is subject to the sovereign’s right to regulate waterways. Therefore, the dockominium will be granted and will exist by virtue of a license or permit from a government agency or agencies. The licensing entity may be the U.S. Army Corps of Engineers, a state agency, or a state environmental agency or coastal management agency. Exception should be taken.