Jun 20, 2025 · A bailment describes the transfer of property from a bailor, who temporarily relinquishes possession but not ownership of the property, to a bailee.

A bailment is created for the sole benefit of the bailee when a bailor acts gratuitously (e.g., the loan of a book to a patron, the bailee, from a library, the bailor).

Jul 17, 2025 · A bailment agreement concludes when its purpose has been fulfilled or other conditions are met. The most common method of termination is the return of the property to …

A 'bailment' is defined as a non- ownership transfer of possession. Under English common law, the right to possess a thing is separate and distinct from owning the thing. Interestingly, as a …

Aug 6, 2025 · Learn what a bailment is, types of bailment, legal duties of bailees, how it ends, and common examples involving personal property and possession—not ownership.

Oct 20, 2025 · Legal bailment is a lawful relationship in which one party, called the bailor, temporarily gives possession of personal property to another party, called the bailee, for a …

At its heart, a bailment is the temporary transfer of possession—but not ownership—of your personal property to someone else for a specific purpose, with the understanding that it will be …

A bailment occurs when one person (the bailor) temporarily transfers possession of their property to another person (the bailee) for a specific purpose, usually under a mutual agreement.

bailment, in Anglo-American property law, delivery of specific goods by one person, called the bailor, to another person, called the bailee, for some temporary purpose such as storage, …

Jun 26, 2023 · A bailment is a legal arrangement in which one party, the bailor, temporarily transfers possession, but not ownership, of personal property to another party, the bailee, for a …