A bailment is the act of placing property in the custody and control of another, usually by agreement in which the holder (bailee) is responsible for the safekeeping and return of the property. When a motor vehicle is delivered to and accepted by a garage owner for storage, a bailment for mutual benefit generally results, and the relationship defines the legal relationship of the parties. The garage owner is bound to exercise ordinary care in the safeguarding of the vehicle. This can be modified somewhat by agreement between the parties.
Louisville Kentucky Automobile Storage Agreement
Category:
State:
Multi-State
City:
Louisville
Control #:
US-01164BG
Format:
Word;
Rich Text
Instant download
Description
Free preview
