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LSDefine

Simple English definitions for legal terms

bailee (custodian)

Read a random definition: international criminal tribunals

A quick definition of bailee (custodian):

A bailee is someone who takes care of someone else's things for a little while. They have to make sure the things are safe and give them back to the owner when they are done taking care of them. It's like when you give your toy to a friend to play with, but they have to give it back to you when they are done.

A more thorough explanation:

A bailee is a person or entity who receives possession of someone else's property or goods through a contract called a bailment. The bailee is responsible for taking care of the property or goods and returning them to the owner (bailor) when the contract is fulfilled.

Unlike a sale, where ownership of the property or goods is transferred to the buyer, a bailee only has temporary possession and must return the property or goods to the owner. A bailee is also known as a custodian.

Examples of bailees include:

  • Banks holding bonds
  • Storage companies where furniture or files are deposited
  • Parking garages
  • Kennels or horse ranches where animals are boarded

These examples illustrate the definition of a bailee because in each case, the bailee is taking temporary possession of someone else's property or goods. The bailee is responsible for keeping the property or goods safe and returning them to the owner when the contract is fulfilled.

bailee | bailiff

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hey now is my favorite
peekaboo, squabble up, tv off and gnx good too. Heart pt 6 and reincarnated for straight lyricism
shaquilleoatmeal
17:49
@babycat: should i bring you to sg next time im in ct?
shaquilleoatmeal
17:49
@ImpartialLion: any obvious diss tracks on there?
Whole thing got clear disses, but wacced out murals has the most obvious call outs
babycat
17:50
i used to work in an office two doors up the street from one and you can really see the glazed sweetgreen stare on the face of all those morgan stanley guys
BulbasaurNoLikeCardio
17:51
I have this professor for a legal analysis and writing for clients class that said you will need a JD and legal experience to get an A. He also grades ridiculously hard but leaves no comments on why you got that grade or what you did wrong. Dude is pissing me off with the whole you are wrong figure it out approach.
babycat
17:51
that’s just not proper teaching what a dickhead
BulbasaurNoLikeCardio
17:53
Going to ruin my 4.0 for a 2SH class.
BulbasaurNoLikeCardio
17:53
At least grad school GPA doesn't matter much
JumpySubsequentDolphin
17:53
@shaquilleoatmeal: the garlic steak thing
shaquilleoatmeal
17:54
@ImpartialLion: "Won the Super Bowl and Nas the only one congratulate me All these *****s agitated, I'm just glad they showin' they faces Quite frankly, plenty artists, but they outdated" this line was everything
shaquilleoatmeal
17:57
@JumpySubsequentDolphin: mm surprisingly no, I do like their steak though. Chicken pesto parm lol i was going off the chicken parm vibe from the night before
shaquilleoatmeal
17:58
@babycat: how many essays do you have to finish? Can catch up another night cause thats priority for you rn
babycat
17:58
@shaquilleoatmeal: I did my main one for today what’s the story?
"****** from my city couldn't entertain old boy, Promisin' bank transactions and even bitcoin, I never peaced it up that **** don't sit well with me, Before I take a truce, I'll take 'em to Hell with me" is a good one too
shaquilleoatmeal
18:00
hes so sneaky with it, like if you honestly don't listen for it, you miss it
100%
shaquilleoatmeal
18:00
you want the long or short story ?
WorthlessAttractiveZombie
18:01
So no GULC, eh?
babycat
18:06
long story. we can go to off topic
no gtown still ?
babycat
18:06
she must’ve had weird vibes if it’s a long story
Kittencattigermeow
18:08
does anyone know what issues UNH is facing?
guys i just spent $200 on groceries. joe biden why did you do this to me
will trump make eggs cheap again
BulbasaurNoLikeCardio
18:10
I spent $600 on a custom AR10 upper in September and just got called and told they now may not ship it until fucking January. Trump needs to make my ship shit faster.
18:10
They making food more expensive so less fats
18:10
trust
babycat
18:11
RFK future
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