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LSDefine

Simple English definitions for legal terms

lucrative bailment

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A quick definition of lucrative bailment:

A bailment is when one person gives their personal property to another person for a specific reason, but the ownership of the property doesn't change. It can be a contract between the two people or just happen because it's the right thing to do. If the person who takes care of the property gets paid, it's called a "bailment for hire." If they don't get paid, it's called a "gratuitous bailment." The person who gives the property is called the "bailor" and the person who takes care of it is called the "bailee."

A more thorough explanation:

A lucrative bailment is a type of bailment where the bailee (the person who receives the property) is compensated for holding the property. This can happen when someone leaves their car with a parking attendant and pays a fee for the service. The bailee is responsible for keeping the property safe and returning it to the bailor (the person who owns the property) when the agreed-upon time is up.

Another example of a lucrative bailment is when someone hires a moving company to transport their belongings from one place to another. The moving company is compensated for holding and transporting the property, and they are responsible for keeping it safe during the move.

These examples illustrate the definition of a lucrative bailment because in both cases, the bailee is being paid for their services. They have a legal obligation to keep the property safe and return it to the bailor in the same condition it was received. This type of bailment is different from a gratuitous bailment, where the bailee receives no compensation for holding the property.

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
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JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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