Essentials or Features of Bailment :-
Following are the important essential of bailment :
1. Contract :-
It is the basic essential for the bailment. For the delivery of
goods contract between the two parties is necessary. Contract may
be oral or written, implied or expressed.
2. Moveable Property :-
It is the main feature of bailment that it is only for the
moveable property and not for the immoveableproperty.
3. Delivery of Goods :-
It is also necessary that goods should be delivered by one
person to another.
4. Change of Possession :-
Bailment contract also brings change in the possessions of the
goods. Only b without possession is not sufficient for this
contract.
5. Purpose of Bailment :-
The object of bailment may be for the safety of goods or for
hire or for the use.
6. Temporary Delivery :-
The delivery of the goods may not be for the permanent purpose.
it is essential that delivery must be made for the temporary
purpose.
7. Ownership :-
right of ownership remains with bailor and it does not change by
the delivery of goods to other person.
8. Change In Shape :-
If bailed goods shape changes in the mean time even then it
remains a contract of bailment.
9. Parties of the Contract :-
In the contract of bailment there are two parties, the bailor
and the bailee.
10. Returnable :-
It is very important feature of the bailment. The bailee should
return the goods to the bailor or disposed according the directions
of the bailor.
