Assertion: bailment | /r/HasProperty | legal relationship
Facets:
value: in common law
type: LOCATION
value: for a specific purpose
type: PURPOSE
value: for a time
type: TEMPORAL
value: between two parties
type: OTHER
Source sentences:
text: Bailment is a legal relationship in common law, where the owner transfers physical possession of personal property ("chattel") for a time, but retains ownership.
text: In legal|lang=en terms the difference between bailee and bailment is that bailee is (legal) one who holds bailed property; one who takes possession of the property of another (called a bailor) in order to keep that property safe for the other while bailment is (legal) the handing over of control over, or possession of, personal property by one person, the bailor, to another, the bailee, for a specific purpose upon which the parties have agreed.
text: Bailment is a legal concept and there are “gratuitous bailments” where one party gets all the benefit as in this type of situation happening daily in every state across the country.
text: Bailment is the legal relation arising upon delivery of goods without transference of ownership under an express or implied agreement that the goods be returned.
text: Bailment is a legal situation that arises in relation to the physical transfer of goods by the owner to someone else for a specific purpose until they are returned.
text: Bailment arises when property is given to someone for safekeeping, and is a legal course of action independent of contract or tort.
text: Bailment is a legal relationship wherein a person (the “bailor”) transfers physical possession of personal property to another person or entity (the “bailee”).
text: Investopedia explains 'Bailment' as “Bailment is a legal relationship between two parties, whereby the owner retains full rights to the assets or property but the possesses the property.
text: Bailment is a legal relationship in common law where physical possession – but not ownership – of personal property, is transferred from one person to another.
text: Bailment is a legal relationship in common law, where the owner transfers physical possession of personal property ("chattel") for a time, but retains ownership.
text: Bailment is a legal relationship wherein a person (the “bailor”) transfers physical possession of personal property to another person or entity (the “bailee”).
text: Bailment is a legal relationship in which a person transfers physical possession of personal property to another person or entity.
text: A bailment is a legal relationship related to physical possession of property.
text: A bailment is a legal relationship "created by the delivery of personal property by one person to another in trust for a specific purpose, pursuant to an express or implied contract to fulfill that trust.
text: In context|legal|lang=en terms the difference between bailment and contract is that bailment is (legal) the handing over of control over, or possession of, personal property by one person, the bailor, to another, the bailee, for a specific purpose upon which the parties have agreed while contract is (legal) a part of legal studies dealing with laws and jurisdiction related to contracts.
text: In context|legal|lang=en terms the difference between bailment and bail is that bailment is (legal) the handing over of control over, or possession of, personal property by one person, the bailor, to another, the bailee, for a specific purpose upon which the parties have agreed while bail is (legal) to hand over personal property to be held temporarily by another as a bailment.
text: Bailment is a legal concept and there are “gratuitous bailments” where one party gets all the benefit as in this type of situation happening daily in every state across the country.