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Bailment Contract Inspection of Goods
1. Parties. [Name] of [address] (Bailee) and [name] of
[address] (Bailor) enter into this Agreement for the bailment of
2. Subject Matter of Bailment. The following goods:
[description] are to be bailed to Bailee so that Bailee may inspect
3. Title. The title to these goods shall at all times remain
with Bailor. The goods shall be returned to Bailor upon written demand.
Such demand shall be sent by certified mail to Bailee at the address
noted in this Agreement.
4. Conditions of Bailment. Bailee is to use due care in
maintaining the goods bailed to him. This Agreement is not a sale or
extension of credit to Bailee on the part of Bailor. Bailee may not
transfer these goods to any other party without the express written
permission of Bailor.
5. Risk of Loss. Bailee, by taking possession of these goods,
assumes the risk of loss or any damage to them, whether caused by Bailee
or a third party.
IN WITNESS WHEREOF, the parties have set their hands this [date].
This Section for Notary:
STATE OF -------)
) ss: [date]
COUNTY OF ------)
On [Date] before me, [Name of Notary], notary, personally appeared [Name of Person(s) Involved], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
Witness my hand and official seal.
[Name of Notary Public]
My commission expires: [date]