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LSDefine

Simple English definitions for legal terms

bailor

Read a random definition: catching bargain

A quick definition of bailor:

A bailor is someone who gives their personal property to someone else, called a bailee, for safekeeping or other specific purposes. The bailor still owns the property, but they temporarily give control of it to the bailee. The bailor must trust the bailee and act in good faith, and they can benefit from the bailee's good performance. Sometimes a bailor is not the owner of the property but is keeping it for someone else. A bailor can also be someone who provides bail for a criminal defendant's release.

A more thorough explanation:

A bailor is a person or party who delivers a bailment. This means that they entrust personal goods or other property to a bailee until its restoration to the bailor. The bailor only relinquishes possession of the good or property, not the ownership.

For example, if you give your friend your laptop to borrow for a week, you are the bailor and your friend is the bailee. You still own the laptop, but you have given your friend temporary possession of it for a specific purpose.

Sometimes a bailor is not the owner of the property but a keeper for the owner or a finder who puts the property in the hands of the bailee until the owner is identified.

A bailor must act with good faith interacting with the bailee, and the bailor can at least benefit from the performance of the duty in good faith from the bailee. This means that the bailor should be honest and fair in their dealings with the bailee, and the bailee should perform their duties in a trustworthy manner.

Another example of a bailor is a person who provides bail as a surety for a criminal defendant’s release. In this case, the bailor is providing a guarantee that the defendant will appear in court and fulfill their obligations.

bailment | bailout

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glovediedthisishismom
13:24
thats definetly horsey on an alt
glovediedthisishismom
13:24
no way any professor did that
13:25
thrifted a vintage burberry suit today and feeling unstoppable
Dkk
13:26
Nice
glovediedthisishismom
13:26
im in the field like a defensive lineman im always in saks 💯
1a2b3c4d26z
13:26
That's awesome
1a2b3c4d26z
13:26
real ones shop at bergdorf
13:28
real ones shop at YMH
triplethread
13:28
i missed another fordham wave
triplethread
13:28
mamas getting denied
JumpySubsequentDolphin
13:29
the bergdorf on 5th Ave in NYC is so
JumpySubsequentDolphin
13:29
it feels like home
Dkk
13:29
I'm at your mommas house rn: https://x.com/Mansavelli_/status/1648073454665572352
triplethread
13:29
im addicted to reacting to all of the decisions
triplethread
13:29
with the emojis
HopefullyInLawSchool
13:29
I shop at Joe
HopefullyInLawSchool
13:29
Joe's
glovediedthisishismom
13:30
i shop at tawget
glovediedthisishismom
13:30
im dawk gawthic maga
triplethread
13:30
i shop at giant eagle
ForDizzyDJoy
13:31
How did i miss Fordham and American’s wave and I applied in september 🙃
13:33
Lol UC Davis took me of ED and put me in RD
13:34
surprised I didnt get straight denied
HopefullyInLawSchool
13:34
they emailed you/
HopefullyInLawSchool
13:34
?
13:35
@HopefullyInLawSchool: Yea, I just got it
i just want a cornell ii :(
13:37
yak you will be fucking shit up at cornell this time next year dw
i love u
13:38
love you too bby
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