Member’s property definition
Member’s property and “contents” mean all contents that have been stored in the space or brought onto the property by Member or others. LESSOR IS NOT LIABLE FOR LOSS OR DAMAGE TO PROPERTY STORED IN OR TRANSPORTED TO OR FROM MEMBER’S SPACE, REGARDLESS OF WHO OWNS SUCH PROPERTY AND REGARDLESS OF WHETHER THE LOSS OR DAMAGE IS CAUSED BY FIRE, SMOKE, DUST, WATER, WEATHER, INSECTS, VERMIN, EXPLOSION, UTILITY INTERRUPTION, EQUIPMENT MALFUNCTION, UNEXPLAINED DISAPPEARANCE, NEGLIGENCE OF LESSOR OR LESSOR’S AGENTS, THEFT BY OTHERS OR ANY OTHER CAUSE—UNLESS SUCH IS PROHIBITED BY LAW. Any insurance maintained by Lessor is by law only for the benefit of the Lessor. WITHOUT LESSOR’S WRITTEN PERMISSION, WITH THE EXCEPTION OF A GOLF CART, MEMBER WILL NOT STORE PROPERTY THAT HAS AN AGGREGATE VALUE OF OVER $5,000 OR THAT MAY CAUSE EMOTIONAL DISTRESS OR CONSEQUENTIAL DAMAGES IF IT WERE MISSING, STOLEN OR DAMAGED. MEMBER WILL PURCHASE FIRE, THEFT AND CASUALTY INSURANCE ON ALL OF MEMBER’S PROPERTY IF ITS VALUE EXCEEDS $1,000. The purpose is to protect Member, other Members, Lessor and others in the event of loss by theft, damage, fire, flood, explosion, natural disaster or other harm caused by weather, accident or negligence of such parties or their animals. MEMBER WILL SELF-INSURE ALL CONTENTS NOT COVERED BY MEMBER’S INSURANCE. Self-insurance means that Member will bear the entire risk of loss in the event of damage or loss to such contents from crime, casualty or other harm or loss listed above. Lessor does not and legally cannot carry insurance on the contents of Member’s space.
Member’s property as used herein shall include the member’s watercraft as well as any parts and/or any equipment associated with the watercraft.