Have you ever lent someone an item of yours? Given your car to a valet? Or has your friend let you borrow the lawnmower? If so, it’s likely that you have entered into a legal arrangement that the law calls a “bailment.” You may have wondered what happens and who is responsible if something goes wrong, or your property is lost or stolen.
A bailment is created when a person delivers his or her personal property to another person to hold for a period of time. The person who gives over the personal property is the “bailor” and the individual who receives and holds the personal property is the “bailee.” In this arrangement, the bailor still retains ownership and control of the personal property, and the bailee merely gains the right to possess the property for a little while. The use of the personal property, and the duration of the bailment is totally up to the parties!
For example, I am in a bailment with my neighbor – so what? If you find yourself in a bailment situation, you ought to be aware of the standard of care that the law requires of you. The standard of care for a bailee depends on who receives the benefit from the arrangement.
If you loan out your leaf blower, let the valet park your car, or have someone look after your prized possession, be cautious of the level of care you, or the other person, must exercise.
Unsure as to whether you have created a bailment or whether you are taking care of property in your possession? Give us a call! It’s unusual that many issues arise out of a bailment situation, but our legal team is fully prepared to give you all the advice you need to protect you and your personal property. Call our office today!
McCormick Law & Consulting was integral in the creation of our non-profit. We promised our 12 y/o son that we would keep fighting cancer for kids like him but we couldn’t have kept that promise without John McCormick and his team. We were hooked at our first meeting when John simply asked “ Tell me about you son.” McCormick Law and Consulting took care of all the legal work while allowing us to focus on our mission. John and his team continue to be a great resource and supporter of D-Feet Cancer The Dalton Fox Foundation. We couldn’t have asked for better legal representation. Thank you McCormick Law & Consulting.
I definitely could have created my new business, Davis Wealth Management LLC, but boy that would have been a mistake. Because business formation is not an area in which I practice, I had no idea where my blind spots were, and let me tell you there were plenty. The knowledge I received from the firm is invaluable.
John McCormick and his firm are very reasonably priced and quickly and efficiently assisted me in creating my new business. It was completely turn key; they did everything for me. I can't recommend their services enough. Also, huge shoutout to Taylor who kept me informed every step of the way!
John and his team were great to work with. They provided advice for starting my business and set everything up in an efficient and timely manner. I will definitely recommend them to others!
I contacted McCormick Law firm to register my moving service in NC. They did an outstanding job. Completed the process way sooner than I expected. Thank you, Taylor.
McCormick Law, PC d/b/a McCormick Law & Consulting and Driving Defense Law is a boutique law firm located in Norfolk, Virginia & Raleigh, North Carolina, that seamlessly serves clients throughout Virginia and North Carolina. Whether you are a new or existing client of the firm, McCormick Law, PC, cannot represent you on any new matter until the firm has made a determination that there is no conflict of interest and that it is willing to accept the new engagement. The testimonials on this website reflect the real-life experiences and opinions of our clients. However, the experiences are personal to those particular clients, and may not necessarily be representative of all clients. We do not claim, and you should not assume, that all clients will have the same experience. Your outcome may vary.
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