|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. Provisions of the Bailment Agreement include: 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 is generic (not country specific), and is available as a MS Word download. The Agreement is fully customizable to fit your circumstances.