Which party is referred to as the Bailor in a bailment transaction?

In a bailment transaction, the Bailor is specifically defined as the party who owns the personal property and is granting temporary possession to another party, known as the Bailee. This ownership aspect is crucial because it establishes the legal right of the Bailor to dictate how the property is used, under what conditions it can be held, and when it is to be returned.

The Bailor is responsible for providing the property to the Bailee and generally retains ownership throughout the bailment period. This relationship is premised on trust, as the Bailor relies on the Bailee to care for and return the property in good condition or as contracted when the purpose of the bailment has been fulfilled.

Understanding the roles within a bailment—the Bailor and the Bailee—is fundamental in the study of property law and liability, particularly with respect to how risks and responsibilities are assigned during the period of possession.