A bailee is a person who receives possession of a property or goods through a contract of bailment. Unlike a contract of sale, the bailee has to return the goods or property to the bailor, under a contract of bailment. A bailee is responsible for the safekeeping and return of the property to the bailor or otherwise disposing it off according to the contract of bailment.
A bailor is a person who transfers possession of property or goods to the custody of another (bailee), usually under a contract of bailment. A bailment is an act of transferring/placing property or goods in the custody and control of another. A bailment is created by the voluntary taking into custody or possession of goods or property which belongs to another.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
District of Columbia Waiver and Release for Furniture and Related Personal Property Stored by Bailee is a legal document that serves as a written agreement between the owner of furniture or related personal property (the Sailor) and the person or business storing the items (the Bailee) in the District of Columbia. This document outlines the terms and conditions under which the Sailor releases any claims or liabilities for loss, damage, or theft of the stored property. The District of Columbia Waiver and Release for Furniture and Related Personal Property Stored by Bailee is crucial to protect the interests of both parties involved. By signing this document, the Sailor acknowledges that they are voluntarily relinquishing their rights to any legal action against the Bailee for any harm that may occur to the stored items. It ensures that the Bailee is not held liable for any unforeseen circumstances that can potentially arise during the storage period. It is essential to include specific keywords to ensure that the document accurately represents the intended purpose. Relevant keywords to include in the description of the District of Columbia Waiver and Release for Furniture and Related Personal Property Stored by Bailee could be: 1. District of Columbia: Indicates the jurisdiction where the document is applicable, specifying the legal boundaries and considerations according to the state laws. 2. Waiver: Implies the voluntary relinquishment of a legal right or claim by the Sailor regarding the stored items. 3. Release: Refers to the discharge or exemption from any liability that the Bailee may face regarding the furniture or personal property in storage. 4. Furniture: Encompasses all types of movable objects that are used to support various human activities, including but not limited to chairs, tables, beds, cabinets, and sofas. 5. Personal Property: In this context, stands for any portable belongings owned by the Sailor, such as electronics, appliances, antiques, artwork, or valuables. 6. Stored by Bailee: Specifies that the property is being entrusted to the Bailee's care for safekeeping or temporary storage purposes. 7. Liability: Refers to the legal responsibility or obligation of the Bailee concerning any loss, damage, or theft of the stored items. 8. Loss: Indicates the unexpected disappearance or destruction of the property while in the possession of the Bailee. 9. Damage: Denotes harm or impairment that occurs to the stored items, resulting in their diminished value or functionality. 10. Theft: Signifies the unlawful act of taking someone's property without permission or rightful ownership. Different types of District of Columbia Waiver and Release for Furniture and Related Personal Property Stored by Bailee may be categorized based on specific circumstances or parties involved. Examples could include "District of Columbia Waiver and Release for Furniture and Related Personal Property Stored by Bailee — Residential Storage," "District of Columbia Waiver and Release for Furniture and Related Personal Property Stored by Bailee — Commercial Storage," or "District of Columbia Waiver and Release for Furniture and Related Personal Property Stored by Bailee — Temporary Storage." These variations tailor the document to the specific needs and expectations of different situations, ensuring the clarity and accuracy of the agreement.
