A bailee is a person who receives possession of a property or goods through a contract of bailment. Unlike a contract of sale, the bailee has to return the goods or property to the bailor, under a contract of bailment. A bailee is responsible for the safekeeping and return of the property to the bailor or otherwise disposing it off according to the contract of bailment.
A bailor is a person who transfers possession of property or goods to the custody of another (bailee), usually under a contract of bailment. A bailment is an act of transferring/placing property or goods in the custody and control of another. A bailment is created by the voluntary taking into custody or possession of goods or property which belongs to another.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Houston Texas Waiver and Release for Furniture and Related Personal Property Stored by Bailee is a legal document that outlines the terms and conditions for storing furniture and other personal property by a third-party bailee in Houston, Texas. It serves to protect both the bailee (storage facility) and the customer who is storing their items. The Houston Texas Waiver and Release for Furniture and Related Personal Property Stored by Bailee typically includes the following information and provisions: 1. Parties: It identifies the names and contact information of the bailee (storage facility) and the customer (owner of the furniture or personal property). 2. Description of Property: It provides a detailed list or description of the furniture and personal property being stored, including any specific instructions or requirements for handling or storage. 3. Storage Period: It specifies the agreed-upon duration for which the property will be stored and any applicable fees or charges associated with the storage. 4. Risks and Liabilities: It outlines the responsibilities and liabilities of both the bailee and the customer. This section may cover issues related to loss, damage, theft, or destruction of the property while in storage. 5. Insurance: It may require the customer to provide proof of insurance coverage for their stored property or offer insurance options provided by the bailee. 6. Indemnification: It includes a clause where the customer agrees to indemnify and hold the bailee harmless from any claims, damages, or losses arising out of the storage or handling of the property. 7. Waiver and Release: This section states that the customer releases the bailee and its agents from any claims, demands, or legal actions related to the furniture and personal property stored. 8. Termination: It outlines the conditions under which the storage agreement can be terminated, such as non-payment of fees or violation of the terms outlined in the document. 9. Governing Law: It specifies the jurisdiction and laws that will govern the interpretation and enforcement of the waiver and release. The Houston Texas Waiver and Release for Furniture and Related Personal Property Stored by Bailee may vary depending on the specific storage facility or organization. Different types of waivers and releases may exist, such as: 1. Short-Term Storage Agreement: This waiver and release may apply to customers who require temporary storage for a few days or weeks. It typically covers short-term storage needs during relocation or renovations. 2. Long-Term Storage Agreement: This waiver and release may be used for customers who require extended or indefinite storage periods. It usually includes specific clauses related to payment plans, periodic inspections, and renewal terms. 3. Climate-Controlled Storage Agreement: This waiver and release may be tailored for customers who need special storage conditions, such as protection from extreme temperatures, humidity, or other climate-related factors. 4. Valuables Storage Agreement: This type of waiver and release pertains to customers who store high-value items, such as artwork, antiques, or collectibles. It may include additional provisions related to insurance coverage and increased security measures. In summary, the Houston Texas Waiver and Release for Furniture and Related Personal Property Stored by Bailee is a comprehensive legal document that establishes the rights, responsibilities, and liabilities of both the storage facility and the customer. It ensures clear communication and protection for all parties involved in the storage arrangement.Houston Texas Waiver and Release for Furniture and Related Personal Property Stored by Bailee is a legal document that outlines the terms and conditions for storing furniture and other personal property by a third-party bailee in Houston, Texas. It serves to protect both the bailee (storage facility) and the customer who is storing their items. The Houston Texas Waiver and Release for Furniture and Related Personal Property Stored by Bailee typically includes the following information and provisions: 1. Parties: It identifies the names and contact information of the bailee (storage facility) and the customer (owner of the furniture or personal property). 2. Description of Property: It provides a detailed list or description of the furniture and personal property being stored, including any specific instructions or requirements for handling or storage. 3. Storage Period: It specifies the agreed-upon duration for which the property will be stored and any applicable fees or charges associated with the storage. 4. Risks and Liabilities: It outlines the responsibilities and liabilities of both the bailee and the customer. This section may cover issues related to loss, damage, theft, or destruction of the property while in storage. 5. Insurance: It may require the customer to provide proof of insurance coverage for their stored property or offer insurance options provided by the bailee. 6. Indemnification: It includes a clause where the customer agrees to indemnify and hold the bailee harmless from any claims, damages, or losses arising out of the storage or handling of the property. 7. Waiver and Release: This section states that the customer releases the bailee and its agents from any claims, demands, or legal actions related to the furniture and personal property stored. 8. Termination: It outlines the conditions under which the storage agreement can be terminated, such as non-payment of fees or violation of the terms outlined in the document. 9. Governing Law: It specifies the jurisdiction and laws that will govern the interpretation and enforcement of the waiver and release. The Houston Texas Waiver and Release for Furniture and Related Personal Property Stored by Bailee may vary depending on the specific storage facility or organization. Different types of waivers and releases may exist, such as: 1. Short-Term Storage Agreement: This waiver and release may apply to customers who require temporary storage for a few days or weeks. It typically covers short-term storage needs during relocation or renovations. 2. Long-Term Storage Agreement: This waiver and release may be used for customers who require extended or indefinite storage periods. It usually includes specific clauses related to payment plans, periodic inspections, and renewal terms. 3. Climate-Controlled Storage Agreement: This waiver and release may be tailored for customers who need special storage conditions, such as protection from extreme temperatures, humidity, or other climate-related factors. 4. Valuables Storage Agreement: This type of waiver and release pertains to customers who store high-value items, such as artwork, antiques, or collectibles. It may include additional provisions related to insurance coverage and increased security measures. In summary, the Houston Texas Waiver and Release for Furniture and Related Personal Property Stored by Bailee is a comprehensive legal document that establishes the rights, responsibilities, and liabilities of both the storage facility and the customer. It ensures clear communication and protection for all parties involved in the storage arrangement.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
