bailment

• Figura jurídica por la cual una persona (depositante o comitente) entrega bienes muebles a otra (depositario o comisionista) para que los custodie o los use con un fin determinado, con la obligación de devolverlos o entregarlos conforme a las instrucciones del depositante.

A legal term referring to the delivery of personal property by one party (the bailor) to another (the bailee) in trust, typically for a specific purpose, after which the property is to be returned or disposed of according to the bailor's instructions.

1. Delivery of property in trustC2formallegal

   The legal act of transferring possession of personal property from one party (the bailor) to another (the bailee) for a specific purpose, with the understanding that the property will be returned or disposed of according to instructions.

   Depósito

   • The dry cleaner accepted the suit under a bailment agreement.
   • A parking lot operator often holds cars under a form of bailment.
   • The court ruled that the bailment was valid and the bailee was responsible for the item's safety.