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A bailee is an individual who temporarily gains possession, but not ownership, of a good or other property A person with whom some article is left, usually pursuant to a contract (called a contract of bailment), who is responsible for the safe return of the article to the owner when the contract is fulfilled. The bailee, who is also called a custodian, is entrusted.
A bailee is the individual or entity who receives temporary possession of personal property from another party, known as the bailor The bailee is an individual or entity that receives property from another for a specific purpose or period, without transferring ownership. This transfer occurs for a specific purpose, and.
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.
The meaning of bailee is the person to whom personal property is bailed. So, what exactly is a bailee A bailee is an individual or entity who temporarily holds possession of someone else’s property, without having ownership of it. A bailee receives temporary possession of property, while a bailor owns the property and grants possession to the bailee
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