Awn As A Bailment

To create a bailment the bailee must both intend to possess and actually physically possess the bailable chattel.

Awn as a bailment. Illustration if a gives his car to b his neighbor for 10 days but at the same time he keeps one key with himself and during this period of 10 days he used to take the car. The term bailment refers to the transfer of personal property to another person for safekeeping or for the other person to control or use temporarily. A bailment is a form of contractual relationship even if no contract has been signed. Bonds left with the bank autos parked in a garage animals lodged with a kennel or a storage facility as long as the goods can be moved.

The person receiving the property the bailee has possession and control over the property for a specific period of time during which he or she is. Essentials of contract of bailment. 1 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. 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.

The term bailment is derived from the french bailor to deliver it is generally considered to be a contractual relationship. Although a bailment relationship is ordinarily created by contract there are circumstances where lawful possession by the bailee creates a bailment relationship without an ordinary contract such as an involuntary bailment.