bailor


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Related to bailor: bailee, bailer

Bailor

One who places control over or possession of Personal Property in the hands of another, a bailee, for its care, safekeeping, or use, in accordance to the terms of a mutual agreement.

Cross-references

Bailment.

bailor

n. a person who leaves goods in the custody of another, usually under a "contract of bailment", in which the custodian ("bailee") is responsible for the safekeeping and return of the property. Sometimes the bailor is not the owner but a person who is a servant of the owner or a finder (say, of jewelry) who places the goods with the bailee until the owner is found. (See: bailee, bailment)

bailor

see BAILMENT.

BAILOR, contracts. He who bails a thing to another.
     2. The bailor must act with good faith towards the bailee; Story's Bailm. Sec. 74, 76, 77; permit him to enjoy the thing bailed according to contract; and, in some bailments, as hiring, warrant the title and possession of the thing hired, and probably, to keep it in suitable order and repair for the purpose of the bailment. Id. Sec. Vide Inst. lib. 3, tit. 25.

References in periodicals archive ?
The introduction of PPSA, with its emphasis on function of an interest rather than its form and its express inclusion of the interests of certain bailors, lessors and consignors, now expands the range of transactions in which artists and art organisations encounter rules pertaining to secured transactions.
"It's turned into more of a thank you to our patrons," Bailor said.
They are Fareed Mumuni and Munther Omar Saleh (2015); David Daoud Wright and Nicholas Rovinski (2015); Munir Abdulkader (2015); Justin Nojan Sullivan (2015); Jalil Ibn Ameer Aziz (2015); Emanuel Lutchman (2015); Abdul Malik Abdul Kareem (2015); and Mohamed Bailor Jalloh (2016).
When considering bailment, note that some arrangements benefit the bailor, some the bailee, and others enjoy mutual benefit.
as the money the bailor paid the bailee for work not done or improperly
The agreement between the property owner (called the bailor) and the bailee is called a bailment contract.
--Bernard Bailor, member of Caplin & Drysdale in Washington, D.C.
The relation between the bank and depositor in such a case is that of bailee and bailor. The title to the deposit does not pass to the bank, but rests in the depositor.
For example, a garage is a bailee of a customer's (bailor's) car (the bailment) and a jeweler is a bailee of customer's jewelry while in for repair or appraisal.
On Monday, lead prosecutor DPP Noorin Badaruddin applied for a warrant of arrest to be issued against Uthayakumar and a show cause notice to his bailor.
Vesting exclusive ownership in individual researchers would reduce research institutions to little more than bailees, hard-pressed to maintain the integrity of their bailor's tissue collection.
(31) The first of these is depositum, the gratuitous bailment for safekeeping--a transaction done for the benefit of the bailor. The standard of care reflects the bailee's favor, by holding that bad faith or gross neglect is the standard of liability.