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.
Ohio Waiver and Release for Furniture and Related Personal Property Stored by Bailee is a legal document used to release a bailee from any liability or responsibility in the event of damage, loss, theft, or any other harm to furniture and personal property stored by the bailee. This document serves as a formal agreement between the owner of the furniture and the bailee, ensuring that the bailee will not be held accountable for any unforeseen circumstances related to the stored items. Keywords: Ohio, waiver and release, furniture, personal property, stored, bailee, liability, responsibility, damage, loss, theft, harm, agreement. Types of Ohio Waiver and Release for Furniture and Related Personal Property Stored by Bailee: 1. Standard Ohio Waiver and Release for Furniture and Related Personal Property Stored by Bailee: This is the most common type of waiver and release form used in Ohio for storing furniture and personal property. It outlines the bailee's exemption from any responsibility in case of loss, damage, theft, or any other harm that may occur during storage. 2. Conditional Ohio Waiver and Release for Furniture and Related Personal Property Stored by Bailee: This type of waiver and release form includes additional conditions or requirements that the bailee must meet in order to be released from liability. For example, it may specify that the furniture should be stored in a climate-controlled facility or that the owner must provide insurance coverage for the stored items. 3. Limited Ohio Waiver and Release for Furniture and Related Personal Property Stored by Bailee: This type of waiver and release form restricts the bailee's liability to a certain extent. It may limit the bailee's responsibility only to damage caused by negligence on their part and exclude any liability for events outside their control, such as natural disasters or acts of God. 4. Comprehensive Ohio Waiver and Release for Furniture and Related Personal Property Stored by Bailee: This type of waiver and release form aims to provide comprehensive protection for both the owner and the bailee. It includes detailed clauses specifying the rights, responsibilities, and limitations of both parties, ensuring that all possible scenarios are covered and agreed upon. It is important for both the owner and the bailee to carefully review and understand the terms and conditions stated in the specific type of Ohio Waiver and Release for Furniture and Related Personal Property Stored by Bailee they choose to ensure their rights and obligations are clearly defined and protected.
