Legal Contracts Software Generator - Legal Contract Agreement Template for Bailor

# Bailor Agreement **This Bailor Agreement (“Agreement”) is made and entered into as of [Date], by and between:** ### Bailor **Name:** [Bailor's Name] **Address:** [Bailor's Address] **Phone:** [Bailor's Phone Number] **Email:** [Bailor's Email] ### Bailee **Name:** [Bailee's Name] **Address:** [Bailee's Address] **Phone:** [Bailee's Phone Number] **Email:** [Bailee's Email] --- ## 1. **Definitions** For the purposes of this Agreement: - **Bailor:** The party providing property for safekeeping. - **Bailee:** The party receiving the property for safekeeping. - **Property:** Refers to the specific items being bailed, as described in Section 2. ## 2. **Property Description** The Bailor hereby delivers to the Bailee the following Property for the purpose of safekeeping: - [Description of Property: type, quantity, condition, etc.] ## 3. **Purpose of Bailment** The purpose of this bailment is [describe the purpose, e.g., storage, maintenance, etc.]. ## 4. **Term of Agreement** This Agreement will commence on [Start Date] and continue until [End Date], or until terminated by either party as provided herein. ## 5. **Bailor Duties** The Bailor agrees to: - Provide the Bailee with the Property in good condition. - Disclose any known defects in the Property. - Compensate the Bailee in accordance with Section 7, if applicable. ## 6. **Bailee Duties** The Bailee agrees to: - Take reasonable care of the Property. - Not use the Property for any unauthorized purpose. - Store and protect the Property in a manner consistent with the duty of care. - Return the Property to the Bailor in its original condition, ordinary wear and tear excepted, upon termination of this Agreement. ## 7. **Compensation** The Bailor shall pay the Bailee the amount of $[Amount] as compensation for the bailment services. ## 8. **Indemnification** The Bailee shall indemnify and hold harmless the Bailor from any and all claims, damages, losses, or expenses arising out of or related to the Bailee's use or handling of the Property, except for those arising from the Bailor's negligence. ## 9. **Termination** This Agreement may be terminated by either party with [Number] days written notice. Upon termination, the Bailee shall return all Property to the Bailor. ## 10. **Governing Law** This Agreement shall be governed by and construed in accordance with the laws of the State of [State]. ## 11. **Entire Agreement** This Agreement constitutes the entire agreement between the parties regarding the subject matter hereof and supersedes all prior agreements, discussions, or understandings. ## 12. **Amendment** This Agreement may only be amended in writing, signed by both parties. --- **IN WITNESS WHEREOF, the parties hereto have executed this Bailor Agreement as of the day and year first above written.** **Bailor:** __________________________ Signature **Name:** [Bailor's Name] **Date:** [Date] **Bailee:** __________________________ Signature **Name:** [Bailee's Name] **Date:** [Date] --- **Please note:** This template is a general framework for a Bailor Agreement and may need to be adjusted based on specific needs or local regulations. It is advisable to consult a legal professional for advice tailored to your situation.