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

How Bailment Works: A bailment works when one party transfers goods to another while retaining ownership of goods. The person who is holding the property is known as a bailee.

In commercial law, possession often trumps ownership when it comes to liabilities, obligations, and remedies. This ...

The court distinguished bailment from conditional sales: the key issue was whether (1) the bailor had a right to compel a return of the bailed items or (2) ...

News 1st Circ. Revives Bailment and Contract Lawsuit Over a Piano Once Played by Liberace The court reversed a summary judgment order in an ownership dispute of a rhinestone-adorned piano once ...

The bailment specifies the terms and purpose of the change in custody and is outlined in writing such as a receipt or chit. Important The bailee's relationship to the bailor is outlined in a ...

If you lend your car to a friend, you create the legal relation of bailment. The transaction is neither a sale nor a gift, because your friend is obligated to return the car to you. Bailments ...

N. E. Palmer, Gratuitous Bailment: Contract or Tort?, The International and Comparative Law Quarterly, Vol. 24, No. 3 (Jul., 1975), pp. 565-572 Free online reading for over 10 million articles Save ...

If the bailment is a gratuitous bailment and is for the benefit of only the bailor, then the bailee owes only a duty of slight care. In all bailments the bailee has at least minimum duty of care to ...