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Frequently Asked Questions Roman Ridge at Traders Landing, Deep Creek Lake, Maryland How does the “leased boat slip” work?

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Frequently Asked Questions Roman Ridge at Traders Landing, Deep Creek Lake, Maryland How does the “leased boat slip” work?

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Boat slips are available for lease through Traders’ Landing Boatslip Rentals. The developer has made arrangements to provide a boatslip to a purchaser for the first summer season in which the purchaser owns a Roman Ridge unit (pending boatslip availability). To keep a boat slip in subsequent years, an owner must opt to renew the lease prior to a cutoff date, typically in early spring. Previous slip renters are given first option for renewal. If an owner opts not to renew a boat slip lease in a subsequent year, there is no guarantee that a slip will be available in following years. The boat slip rental business is an independent business, and while there are no plans to terminate or transfer ownership of the business, there can be no guarantee beyond the term of the developer’s control. Furthermore, all boat slips on Deep Creek Lake are subject to regulations of the Maryland Department of Natural Resources, and there can be no guarantee regarding DNR regulations. Having said that, DNR h

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