Who is referred to as a bailee?

A bailee is defined as the party who receives personal property from another (the bailor) for a specific purpose, such as storage, repair, or transport. This legal relationship forms when the bailee agrees to take care of the property and return it after the purpose has been fulfilled.

In this context, the bailee has a legal responsibility to exercise a certain degree of care for the property that has been entrusted to them. The nature of the relationship establishes obligations and liabilities that are significant in personal property cases. This distinct role is central to understanding agreements involving temporary custody or use of property, making it crucial in scenarios such as renting a car, storing belongings, or repairing an item.

Considering the other options, the holder of a trust typically refers to a trustee, who has a different role involving management of trust assets rather than temporary custody. A beneficiary of a will is someone who receives assets upon another's death, and the owner of personal property simply refers to the individual who holds title to the property and does not imply any temporary control or responsibility like that of a bailee. Understanding these distinctions is important in property law and liability discussions.