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Document Id : 3438

File Type : Microsoft Word

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Bailment Agreement for Vehicle

Place your vehicle temporarily in the care of another person with this template Vehicle Bailment Agreement.
  • A Bailment Agreement would be used in situations where the vehicle will be in someone else's possession for a period of time but not on lease or rental, such as if you loan the vehicle to someone or if you are storing the vehicle on another person's property.
  • The bailee (person taking charge of the vehicle) is responsible for looking after the vehicle and returning it in the same condition as when it was bailed.
  • The bailee indemnifies the vehicle owner against all liability arising when the bailee had possession of the vehicle.
  • The owner may terminate the agreement prior to its expiry for any misuse or neglect of the vehicle by the bailee.
This Vehicle Bailment Agreement template is available as a MS Word download. The Agreement is fully customizable to fit your circumstances.

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