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Complete Home & Office Legal Guide
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Complete Home and Office Legal Guide (Chestnut) (1993).ISO
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2040.fib
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1993-08-01
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70 lines
BAILMENT AGREEMENT
___________________, referred to herein as "OWNER" and
_____________________, referred to as "BORROWER," agree:
___________________ is the owner of the following described motor
vehicle:
Make of vehicle:
Model:
Body style:
VIN:
OWNER herewith bails to BORROWER the motor vehicle described
above, for a period of ____________________, for the purpose of
___________________________________________________. BORROWER
agrees to return the same to OWNER in good condition, ordinary
wear and excepted.
BORROWER acknowledges an opportunity to review the personal
property bailed, and ACCEPTS THE SAME "AS IS," "WITH ALL FAULTS"
and WITHOUT WARRANTY. BORROWER HAS ASCERTAINED THAT THE BAILED
PROPERTY IS FIT FOR THE PURPOSE THAT BORROWER DESIRES TO USE THE
BAILED PROPERTY.
The OWNER may terminate this bailment prior to the expiration of
the same which is specified herein for cause, including but not
limited to:
a. the intentional misuse or neglect of the bailed property;
b. the use of the bailed property in contravention of any statute
or administrative regulation;
c. other objectively reasonable cause.
Said termination shall be effective immediately upon
___________________'s election to do so.
Dated: ________________________________
_______________________________________________
___________________
______________________________________________
_____________________