Criminal Trident Pack: IPC, CrPC and IEA by Sr. Adv. G.S Shukla and Adv. Raghav Arora
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Gulshan Mishra   03 November 2018


What is the difference between bailment and lease?


 4 Replies

Nikitha Mathew   09 June 2020


A ‘bailment’ is the delivery of goods by one person to another for some purpose, upon a contract that they shall, when the purpose is accomplished, be returned or otherwise disposed of according to the directions of the person delivering them. The person delivering the goods is called the ‘bailor’. The person to whom they are delivered is called the ‘bailee’.

lease is a contract outlining the terms under which one party agrees to rent property owned by another party. It guarantees the lessee, also known as the tenant, use of an asset and guarantees the lessor, the property owner or landlord, regular payments for a specified period in exchange.

The main difference that in leasing,  ownership remains with the lessor, but the lessee is allowed to use the property. But in the case of bailment,  the bailor is generally not entitled to use the property while it is in possession of the bailee. 

Hope this answers your question



JosephForman   20 August 2020

Your forum is full of educational stuff online about law and able to learn lots of about rules and regulations. The people who are facing some problems can get the experts wise study moose review suggestions here and able to know how to fix the problem.

Mansi Aggarwal   27 February 2021

A bailment is not the same as a sale, which is an intentional transfer of ownership of personal property in exchange for something of value. A bailment involves only a transfer of possession or custody, not of ownership. A rental or lease of personal property might be a bailment, depending upon the agreement of the parties. A bailment is created when a parking garage attendant, the bailee, is given the keys to a motor vehicle by its owner, the bailor. The owner, in addition to renting the space, has transferred possession and control of the vehicle by relinquishing its keys to the attendant. If the keys were not made available and the vehicle was locked, the arrangement would be strictly a rental or lease, since there was no transfer of possession.

Hope this solves your query.

175B083 Mahesh P S   28 February 2021


For more input visit:


Thank you

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Start a New Discussion Unreplied Threads

Popular Discussion

view more »

Post a Suggestion for LCI Team
Post a Legal Query