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Keyage: A Comprehensive Guide to Wharf Fees and Legal Definitions
Definition & Meaning
Keyage refers to the fees associated with loading and unloading goods at a dock, wharf, or quay. This term encompasses various charges that may be levied for the use of these facilities. Often, keyage is synonymous with terms like wharfage and quayage, which also denote similar fees for utilizing port facilities.
Table of content
Legal Use & context
Keyage is primarily used in maritime law and trade regulations. It is relevant in contracts related to shipping, logistics, and transportation of goods. Businesses that import or export merchandise often encounter keyage fees as part of their operational costs. Users can manage related legal documents, such as contracts or payment agreements, through platforms like US Legal Forms, which provide templates drafted by experienced attorneys.
Key legal elements
Real-world examples
Here are a couple of examples of abatement:
For instance, a shipping company may be charged keyage fees when unloading containers at a port. These fees are calculated based on the weight or volume of the cargo. Another example (hypothetical example) could involve a small business that imports goods and must pay keyage fees to access the wharf for unloading its shipments.
State-by-state differences
Examples of state differences (not exhaustive):
State
Keyage Regulations
California
Specific fees are outlined in state maritime regulations.
Florida
Fees may vary by port authority and are subject to local ordinances.
New York
Keyage fees are regulated by the New York Port Authority.
This is not a complete list. State laws vary, and users should consult local rules for specific guidance.
Comparison with related terms
Term
Definition
Key Differences
Wharfage
Fees for the use of a wharf.
Similar to keyage but may not include loading/unloading fees.
Quayage
Fees associated with using a quay.
Often interchangeable with keyage, but specific to quay facilities.
Common misunderstandings
What to do if this term applies to you
If you are involved in shipping or receiving goods, it is essential to understand keyage fees that may apply. Review your shipping contracts to identify any keyage charges. For assistance, consider using US Legal Forms to access templates that can help you manage these fees effectively. If your situation is complex, consulting a legal professional may be advisable.
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