Albuquerque New Mexico Bailment Contract between Owner of Equipment - Bailor and Prospective Purchaser - Bailee in Order to Allow Prospective Purchaser to Test Property

State:
Multi-State
City:
Albuquerque
Control #:
US-01574BG
Format:
Word; 
Rich Text
Instant download

Description

A bailment is the act of placing property in the custody and control of another, usually by agreement in which the holder (the bailee) is responsible for the safekeeping and return of the property. Ownership or title to the property remains in the bailor.

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Albuquerque New Mexico Bailment Contract between Owner of Equipment - Bailor and Prospective Purchaser - Bailee in Order to Allow Prospective Purchaser to Test Property