Part 5 – The Law of Property.docx

Part 5 – The Law of Property.docx - Part 5 – The Law of...

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Part 5 – The Law of Property Chapter 20: The Law of Bailment Nature of Bailment Bailment o Transfer of a chattel by the owner to another for some person, with the chattel to be later returned or dealt with in accordance with the owner’s instructions o Special arrangement between a person (bailor) who owns or lawfully possess a chattel and another person (bailee) who is given possession of the chattel for a specific purpose o Bailor – the owner of a chattel who delivers possession of the chattel to another in bailment o Bailee – the person who takes possession of a chattel in a bailment Three elements o Delivery of goods by the bailor Must take place before relationship comes into existence o Possession of the goods by bailee for a specific purpose Title retained with bailor Bailee rights – right to institute legal proceedings for interference with property or wrongful injury to the goods o Return of the goods to the bailor at a later time, or the disposition of the goods according to the bailor’s wishes
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  • Spring '10
  • JoshuaSera
  • Leasehold estate

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