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LSDefine

Simple English definitions for legal terms

bailee (custodian)

Read a random definition: indict

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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Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
soapy
8:48
UMN under review! As predicted, decisions are gonna come out early December
Minus those random R decisions from UMN yesterday though right? I wonder what happened there. I don’t think I’ve seen a school start the season out with anything but As on here
almost all of my apps have been UR for 6 weeks at this point I feel exhausted waiting for them to finish
Irvine is being snobby and wont start any review until end of Nov.
Yeah, it’s tough. I’m distracting myself by playing good video games after work :)
im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
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