What is the meaning of bailor and bailee?

The person delivering the goods is called the "bailor". The person to whom they are delivered is called the "bailee'.

US Legal Forms
Localized Forms
Washington
King
Bailment Agreement with Bailee to Maintain and Care for Property...

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

Name: King Washington Bailment Agreement with Bailee to Maintain and Care for Property, and Assume Liability for Damage or Loss
Brand: US Legal Forms
Rating: 4.86 (285 reviews)

Category:

Contracts - Bailment

State:

Multi-State

County:

King

Control #:

US-1340906BG

Format:

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.

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

Draftwing paperwork, like King Bailment Agreement with Bailee to Maintain and Care for Property, and Assume Liability, to take care of your legal matters is a challenging and time-consumming task. Many cases require an attorney’s participation, which also makes this task expensive. However, you can acquire your legal matters into your own hands and deal with them yourself. US Legal Forms is here to save the day. Our website comes with more than 85,000 legal forms crafted for various scenarios and life situations. We make sure each form is in adherence with the regulations of each state, so you don’t have to worry about potential legal problems compliance-wise.

If you're already aware of our website and have a subscription with US, you know how easy it is to get the King Bailment Agreement with Bailee to Maintain and Care for Property, and Assume Liability form. Go ahead and log in to your account, download the template, and personalize it to your requirements. Have you lost your form? No worries. You can find it in the My Forms folder in your account - on desktop or mobile.

The onboarding process of new customers is just as simple! Here’s what you need to do before getting King Bailment Agreement with Bailee to Maintain and Care for Property, and Assume Liability:

Ensure that your form is compliant with your state/county since the rules for writing legal documents may vary from one state another.
Learn more about the form by previewing it or reading a quick intro. If the King Bailment Agreement with Bailee to Maintain and Care for Property, and Assume Liability isn’t something you were looking for, then use the header to find another one.
Log in or create an account to begin using our service and download the form.
Everything looks good on your end? Hit the Buy now button and select the subscription option.
Pick the payment gateway and enter your payment details.
Your form is ready to go. You can try and download it.

It’s an easy task to find and buy the needed document with US Legal Forms. Thousands of organizations and individuals are already taking advantage of our extensive collection. Sign up for it now if you want to check what other perks you can get with US Legal Forms!

Form Rating

4.86

Satisfied(285)

Form popularity

FAQ

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.

A bailor may be held liable for negligence. If the bailor receives a benefit from the bailment, then he has a duty to inform the bailee of known defects and to make a reasonable inspection for other defects.

The bailee is allowed to use the good only for that purpose. If the bailee uses the bailed good for some other purpose that is not authorized by the bailor, then the bailee is liable. The bailor is s obliged to take care so that the bailed goods will not mix with his own goods.

Bailment for the Sole Benefit of the Bailee: Bailee owes Bailor a high duty of care and is liable for even slight negligence. Mutual Benefit Bailment (most common): Each party owes the other a reasonable duty of care.

The person delivering the goods is called the "bailor". The person to whom they are delivered is called the "bailee'.

Section 150 of Indian Contract Act 1872 says that, The bailor is bound to disclose to the bailee faults in the goods bailed, of which the bailor is aware, and which materially interfere with the use of them, or expose the bailee to extraordinary risk; and if he does not make such disclosure, he is responsible for

A bailee is a person who receives property from the owner, known as a bailor, and holds the property for the owner for a particular purpose such as custody or repair.

Liabilities of Bailor: 1.To disclose the faults: Section 150 of the Contract Act states that the bailor is bound to disclose the faults in the goods of which he is aware.2.To repay necessary expenses: Section 158 of Contract Act states that if bailor is liable to pay necessary expenses to the bailee.

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.

More info

The parties to this arrangement are the bailor — or customer who owns or has title to the property, and the bailee — who receives custody of the property. An owner out of possession could sue the wrongful taker of his property, as well as one who had possession.An extraordinary bailment occurs when bailees are charged with a piece of property under strict liability. The Secretary of the Law Commission is Mr Michael Sayers and its offices are at Conquest House,. 37-38 John Street, Theobalds Road, London, WClN 2BQ. Fill out this short form and one of the team will get back to you. He wishes to keep it a secret. Protective and confidentiality orders fill this gap in the law. Yourself so as to maintain the integrity of the trial process. Fill out the form to access a sample of Practical Guidance.

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

Description

Related forms

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

Show more info

Form Rating

Form popularity

FAQ

What are the liabilities of a bailee?

What are the liabilities of bailor and bailee?

What are the responsibilities and liabilities of bailor and bailee?

What duty of care does a bailee owe a bailor when the bailment is for the sole benefit of the bailee?

What is the meaning of bailor and bailee?

What are the rights and liabilities of bailor?

What is a bailee responsible for?

What are the liabilities of the bailor?

What should be the standard of care that must be taken by a bailee in respect of bailed goods?

More info

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