What's Bailee and Bailor?

A bailor is the person who delivers the property. A bailee is the person who receives it. A “constructive” bailment may arise when one engages another to perform some service with respect to one's personal property and then leaves the property with the other without any instructions as to its disposition.

What is bailment and Bailee?

Bailment is a legal relationship in common law, where the owner transfers physical possession of personal property ("chattel") for a time, but retains ownership. The owner who surrenders custody to a property is called the "bailor" and the individual who accepts the property is called a "bailee".

What is the relationship between bailor and bailee?

The legal relationship that arises in case of safe custody/deposit is that of bailment. The customer, who deposits the things in the box for safe custody with the bank, becomes the 'bailor', and the bank becomes the 'bailee'.