The bailee, who is also called a custodian, is entrusted with the. A bailee is the individual or entity who receives temporary possession of personal property from another party, known as the bailor This transfer occurs for a specific purpose, and the bailee does not acquire ownership. The bailee is the person who possesses the personal property for the owner for a set time [a] and for a precise reason and who delivers the property back to the owner when they have accomplished the purpose that was initially intended. So, what exactly is a bailee A bailee is an individual or entity who temporarily holds possession of someone else’s property, without having ownership of it.
A bailee is a person who receives property from the owner, known as a bailor, and holds the property for the owner for a particular purpose such as custody or repair. The meaning of bailee is the person to whom personal property is bailed. A person who has the right to take possession temporarily of someone else's property A bailee is a person or entity that temporarily receives possession of goods or property from another person, known as the bailor, under a legal agreement called a bailment. A bailee, also known as a custodian, is someone who temporarily takes care of someone else's property or goods This arrangement usually happens through a contract called bailment.
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