South Carolina Bailment Agreement with Bailee to Maintain and Care for Property, and Assume Liability for Damage or Loss

State:
Multi-State
Control #:
US-1340906BG
Format:
Word; 
Rich Text
Instant download

Description

A Bailment is the temporary placement of control over, or possession of, personal property by one person, the Bailor, into the hands of another, the Bailee, for a designated purpose upon which the parties have agreed.
Free preview
  • Preview Bailment Agreement with Bailee to Maintain and Care for Property, and Assume Liability for Damage or Loss
  • Preview Bailment Agreement with Bailee to Maintain and Care for Property, and Assume Liability for Damage or Loss
  • Preview Bailment Agreement with Bailee to Maintain and Care for Property, and Assume Liability for Damage or Loss
  • Preview Bailment Agreement with Bailee to Maintain and Care for Property, and Assume Liability for Damage or Loss

How to fill out Bailment Agreement With Bailee To Maintain And Care For Property, And Assume Liability For Damage Or Loss?

If you wish to finish, acquire, or print authorized document templates, utilize US Legal Forms, the primary selection of legal forms, which can be accessed online.

Take advantage of the site’s straightforward and convenient search to find the documents you need.

A variety of templates for business and individual purposes are organized by categories and regions, or keywords.

Step 4. Once you have located the form you want, click the Acquire now button. Choose the payment plan you prefer and enter your details to register for the account.

Step 5. Process the transaction. You can use your credit card or PayPal account to complete the purchase.

  1. Utilize US Legal Forms to obtain the South Carolina Bailment Agreement with Bailee to Maintain and Care for Property, and Assume Liability in just a few clicks.
  2. If you are already a US Legal Forms subscriber, Log In to your account and click the Obtain button to get the South Carolina Bailment Agreement with Bailee to Maintain and Care for Property, and Assume Liability.
  3. You can also access forms you previously saved in the My documents tab of your account.
  4. If you are using US Legal Forms for the first time, follow the steps below.
  5. Step 1. Ensure you have selected the form for the correct city/state.
  6. Step 2. Utilize the Preview option to review the form’s content. Remember to read through the description.
  7. Step 3. If you are dissatisfied with the form, use the Search field at the top of the screen to find other variations in the legal form template.

Form popularity

FAQ

In a bailment situation, a bailee has the right to use the property as per the agreed terms and must ensure its safe keeping. This means that a South Carolina Bailment Agreement with Bailee to Maintain and Care for Property also outlines the liabilities of the bailee. If the bailee fails to meet these responsibilities, they may be liable for damage or loss that occurs to the property.

It is well established now that Bailee will be liable for any loss or damage to the bailor which arises due to the negligence or lack of reasonable care of the goods bailed.

The bailee is liable for all injuries to the property from failure to properly care for or use it. Once the purpose of the bailment has been completed, the bailee usually must return the property to the bailor, or account for it, depending upon the terms of the contract.

The bailee is not liable if the delay in delivering the goods or disposal of goods is due to default of others. Unexplained failure to return the thing bailed is presumed to be by the bailee's default;12And it would be presumed as his negligence.

In a mutual benefit bailment, the standard of care is that of reasonable care. Failure to use reasonable care may subject the bailee to liability for any damages that may occur, unless the bailee limits its liability.

According to section 151, it is the duty of a bailee to take care of goods bailed to him. Bailee should take care of these goods as an ordinary man will take care of his goods of the same value, quality, and quantity.

The bailee is liable for all injuries to the property from failure to properly care for or use it. Once the purpose of the bailment has been completed, the bailee usually must return the property to the bailor, or account for it, depending upon the terms of the contract.

In a bailment for the sole benefit of the bailee, the bailee must use a high degree of care in taking care of the property bailed,must use the property only as agreed, and must return it when the bailment ends. The bailor has the right to have the property returned in a safe condition when the bailment ends.

The bailee is liable for any damages arising from their own negligence or the negligence of others who gain access to the item, for example, the item is stolen by an unknown third party while in the borrower's possession, or someone else uses the borrowed car while in the borrower's possession.

If the bailment is for the sole benefit of the owner (the bailor), the bailee is answerable only for gross neglect or fraud: the duty of care is slight.

Trusted and secure by over 3 million people of the world’s leading companies

South Carolina Bailment Agreement with Bailee to Maintain and Care for Property, and Assume Liability for Damage or Loss