Boat Exchangers, the following is not a legal document, it is meant only as a guide. Please feel free to use either sample boat exchange/vehicle exchange agreements displayed and to make changes to the vehicle or home exchange contract wording as it fits your particular circumstances. The number one FAQ (Frequently Asked Question) regarding a home exchange is should we include exchanging vehicles. Please be very thorough in investigating your personal vehicles insurance before agreeing to an exchange of vehicles. Our family has personally exchanged vehicles as part of swapping boats. We would highly recommend that a contract or at least a signed, notarized agreement be part of any motor vehicle swap. Our family has never used an exchange contact for the boats exchange.

• "Owner" - the person who has legal ownership of the vehicle.
• "User"- the person who has right of temporary use of the vehicle for the specified period.
• "Owner's Agent" - person nominated by the owner to act on behalf of the owner.

1. The exchange of vehicles will be from to day/month/year day/month /year
    
2. The Owner or the Owner's Agent will pay all insurance and registration fees in his/her own country.
    
3. Both Owners will leave their vehicles clean and in good mechanical condition before the commencement of the Exchange. All major systems should be recently checked (steering, brakes, electrical components, ignition, cooling, transmission, suspension, motor & tires) and "Certificate of Mechanical Fitness" obtained. The motor should be tuned and serviced. The replacement of oil and air filters should be carried out just prior to the Exchange.
    
4. Each vehicle may be driven an unlimited distance. (or shall not be driven a distance of no more than............
    
5. Both vehicles are to be driven on properly constructed road surfaces in good condition or on leveled-off road surfaces only.
    
6. Each User is to provide a letter to the Owners insurance company to verify his/her safe driving record.
    
7. The Owner is to provide the User with the registration papers and a copy of the insurance policy for the exchange vehicle.
    
8. The Owner should provide the User with a list of any minor defects in the vehicle.
    
9. Neither vehicle shall be driven by any person other than those specified without the permission of the owner.
    
10. All nominated drivers will obtain the appropriate license for that country and will comply with the relevant laws concerning motor vehicle use in that country.
     

1. Both vehicles are to be serviced according to the service manual provided. (or as instructed by the Owner.)
    
2. The User is responsible for all service costs.

1. The Owner is responsible for any costs that can be attributed to mechanical failure due to normal usage for which the vehicle was designed.
    
2. The User is to contact the Owner or the Owner's Agent if such a mechanical failure should occur to obtain authorization to have repairs carried out as quickly and as conveniently as possible. Accounts are to be presented to the Owner or the Owner's Agent for payment.
    
3. The User is responsible for any costs incurred that can be attributed to neglect or misuse of the vehicle.

ACCIDENTS AND REPAIRS

1. The conditions of the insurance policy for each vehicle are to be complied with in the event of accidents, theft and damage associated with theft.
    
2. The User is responsible for the basic excess on the policy.
    
3. Repair costs, if less than $500.00, are to be paid by the User.
    
4. Accidents are to be reported to the police within 24 hours if damage has occurred or a person has been injured.
    
5. Any increased premium rates placed on the policy are to be paid by the User for a period of two years.
    
6. In the case of an accident for which the User is not at fault then claims will be made on the other party's insurance at no cost to the Owner of the exchanged vehicle.
    
7. In the event that the Owner's Insurer refuses to meet a claim as a result of any action by the User allowing the Insurer to void the claim (eg. drink driving, invalid license, negligence) then the User shall be responsible for the claim or claims in its or their entirety.

NOMINATED VEHICLES: