ELI5: Explain Like I'm 5

Dockominium

A dockominium is like a parking spot, but instead of a car, it's a spot for a boat!

So imagine you have a boat, and you need a place to park it when you're not using it. You can't just leave it in the water all the time or it might get damaged, right?

So you might decide to buy a dockominium. This means you own a special spot in a marina that's just for your boat. You can park your boat there whenever you're not using it, and the marina takes care of keeping it safe and secure.

Just like when you buy a parking spot for your car, when you buy a dockominium, you have to pay for it. You're basically buying a little piece of the marina so you can keep your boat there.

And just like with a parking spot, you can decorate or personalize your dockominium however you like. Some people put up decorations or signs to make it feel like a little home for their boat!
Related topics others have asked about: