The Bailment Agreement is essential for transactions in Belgium where temporary possession of property is transferred without transferring ownership. This document type is commonly used in various commercial and private contexts, from warehouse storage to art exhibitions, and must comply with Belgian civil law requirements. The agreement details the parties' obligations, property description, storage conditions, insurance requirements, and return procedures. When drafting a Bailment Agreement under Belgian jurisdiction, special attention must be paid to the provisions of the Belgian Civil Code (Articles 1915-1954) and related commercial regulations. The document is particularly crucial for risk management and legal protection, as it clearly defines responsibilities and liabilities during the bailment period.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the bailor (owner/depositor) and bailee (recipient/custodian), including full legal names, addresses, and registration details if companies
2. Background: Context of the bailment arrangement, purpose, and general intent of the parties
3. Definitions: Key terms used throughout the agreement, including 'Property', 'Term', 'Storage Location', etc.
4. Property Description: Detailed description of the property being bailed, including condition, value, and any identifying characteristics
5. Term of Bailment: Duration of the bailment, including start date and end date or termination conditions
6. Duties of Bailee: Obligations regarding care, storage, maintenance, and use restrictions of the bailed property
7. Storage and Security: Specifications for storage conditions, security measures, and access protocols
8. Fees and Expenses: Any charges for storage, maintenance, or services, including payment terms and additional costs
9. Insurance and Liability: Insurance requirements, allocation of risk, and liability provisions
10. Return of Property: Conditions and procedures for returning the property
11. Termination: Circumstances and procedures for early termination
12. Governing Law: Specification of Belgian law as governing law and jurisdiction
1. Use of Property: Include when bailee is permitted to use the property (gratuitous bailment with use)
2. Sub-bailment: Include when sub-bailment to third parties may be permitted
3. Maintenance and Repairs: Include for property requiring regular maintenance or potential repairs
4. Inspection Rights: Include when bailor requires regular access to inspect the property
5. Confidentiality: Include when the bailment involves sensitive or valuable items
6. Force Majeure: Include for long-term bailments or high-value items
7. Dispute Resolution: Include for high-value bailments or complex arrangements
8. Tax Implications: Include when bailment has tax consequences or involves cross-border elements
1. Schedule 1 - Property Inventory: Detailed inventory list with descriptions, conditions, and values of all bailed items
2. Schedule 2 - Condition Report: Detailed documentation of property condition at commencement of bailment
3. Schedule 3 - Fee Schedule: Breakdown of all applicable fees and charges
4. Schedule 4 - Insurance Requirements: Specific insurance requirements and coverage details
5. Schedule 5 - Storage Specifications: Technical requirements for storage conditions
6. Appendix A - Handling Instructions: Specific instructions for handling, maintenance, or care of the property
7. Appendix B - Access Protocols: Procedures for accessing the property during the bailment period
Relevant legal definitions
Clauses
Relevant Industries
Logistics and Warehousing
Art and Cultural Heritage
Manufacturing
Financial Services
Retail
Agriculture
Luxury Goods
Construction
Real Estate
Professional Services
Transportation
Relevant Teams
Legal
Operations
Logistics
Risk Management
Facilities Management
Asset Management
Compliance
Collections Management
Supply Chain
Property Management
Contract Administration
Warehouse Operations
Relevant Roles
Legal Counsel
Contract Manager
Warehouse Manager
Operations Director
Risk Manager
Facility Manager
Logistics Coordinator
Collections Manager
Asset Manager
Property Manager
Storage Facility Supervisor
Compliance Officer
Museum Curator
Art Gallery Director
Supply Chain Manager
Find the exact document you need
Standard Form Of Contract In (Construction)
Standard form construction contract under Belgian law, establishing comprehensive framework for construction projects with compliance to Belgian civil code and EU regulations.
Download
Non Binding Contract
A Belgian law-governed non-binding contract establishing preliminary understanding between parties while avoiding legal obligations.
Download
Professional Services Agreement
Belgian law-governed agreement for professional services provision, defining service terms, obligations, and compliance requirements.
Download
Subcontractor Agreement Form
A Belgian law-governed agreement establishing terms and conditions between a contractor and subcontractor for the provision of specified services or works.
Download
Basic Ordering Agreement
A Belgian law framework agreement establishing terms and conditions for future orders of goods or services, providing flexibility while ensuring legal compliance.
Download
Partnership Agreement Form
A Belgian law-governed agreement establishing the terms and conditions of a business partnership, including operational, financial, and management arrangements.
Download
Legal Binding Contract
A legally binding contract compliant with Belgian law and the Belgian Civil Code, structured to create enforceable obligations between contracting parties.
Download
Side Agreement
A Belgian law-governed supplementary agreement that modifies or clarifies terms of a primary contract between parties.
Download
Incorporation Agreement
A legally binding agreement under Belgian law that establishes a new company and defines its foundational structure and governance framework.
Download
Business Transfer Agreement
Belgian law agreement for transferring business ownership, assets, and operations from one entity to another, including all necessary legal and regulatory compliance elements.
Download
Tooling Agreement
A Belgian law-governed agreement establishing terms for industrial tooling supply, ownership, and maintenance between manufacturers and suppliers.
Download
Representation Agreement
Belgian law-governed agreement establishing terms for commercial representation between a Principal and Representative, including rights, obligations, and compensation terms.
Download
Preliminary Agreement
A Belgian law-governed framework document establishing initial terms and conditions for business negotiations, including both binding and non-binding provisions.
Download
Notary Rent Agreement
A notarially authenticated rental agreement under Belgian law establishing terms and conditions for property lease, providing enhanced legal security through official notarial verification.
Download
Model Tenancy Agreement
Belgian-law compliant residential tenancy agreement template incorporating mandatory provisions and regional requirements.
Download
Common Terms Agreement
A Belgian law-governed agreement establishing standard terms for syndicated lending arrangements, defining the relationship between borrowers, lenders, and other finance parties.
Download
Enforceable Contract
A Belgian law-compliant contract template designed to create legally binding obligations between parties, incorporating all essential elements required under Belgian Civil Code.
Download
Employee Agreement Form
A standardized employment contract compliant with Belgian labor law, establishing the terms and conditions of employment between employer and employee.
Download
Catering Contract
Belgian law-governed agreement establishing terms and conditions for catering services, incorporating local food safety regulations and EU directives.
Download
Business Cooperation Agreement
A Belgian law-governed agreement establishing terms and conditions for business cooperation between two or more parties.
Download
Confidentiality And Non Disclosure Agreement
Belgian law-governed NDA for protecting confidential information and trade secrets, compliant with Belgian and EU regulations.
Download
Lodger Agreement
A Belgian law-governed agreement between a homeowner and lodger for shared residential accommodation, defining rights, obligations, and living arrangements.
Download
Consulting Agreement
Belgian law-governed agreement establishing terms and conditions for consulting services between a client and an independent consultant.
Download
Head Of Terms Agreement
A preliminary agreement under Belgian law outlining key terms and conditions of a proposed transaction, establishing the framework for detailed negotiations while distinguishing between binding and non-binding provisions.
Download
Supply Contract Form
Belgian law-governed supply contract establishing terms for product supply relationships, incorporating local and EU regulatory requirements.
Download
Business Contract
Belgian law-governed business contract template for establishing commercial relationships between business entities, incorporating essential Belgian legal requirements and commercial terms.
Download
Dispute Resolution Agreement
Belgian law-governed agreement establishing comprehensive dispute resolution procedures including negotiation, mediation, and arbitration frameworks.
Download
Umbrella Agreement
Belgian law-governed master agreement establishing framework terms for future specific agreements between parties.
Download
Tripartite Contract
A Belgian law-governed agreement establishing rights and obligations between three parties, structured to manage complex multi-party business relationships.
Download
Transfer Of Ownership Agreement
A Belgian law-governed agreement facilitating the legal transfer of property ownership from one party to another, including terms, conditions, and completion requirements.
Download
Transfer Of Business Ownership Agreement
A Belgian law-governed agreement facilitating the complete transfer of business ownership between parties, ensuring compliance with local corporate, employment, and tax regulations.
Download
Trading Agreement
Belgian law-governed agreement establishing terms and conditions for commercial trading relationships between business parties.
Download
Trade Contract
Belgian law-governed trade contract establishing terms for commercial transactions, compliant with Belgian and EU regulations.
Download
Tender Agreement
A Belgian law-governed agreement establishing the framework and requirements for a competitive tender process, aligned with national and EU procurement regulations.
Download
Simple Contractor Agreement
A Belgian law-governed agreement establishing and regulating the relationship between a company and an independent contractor, outlining key terms and obligations.
Download
Teaming Agreement
Belgian law-governed agreement establishing collaboration terms between multiple parties for joint business opportunities or projects.
Download
Suretyship Agreement
A Belgian law contract where a surety guarantees the obligations of a debtor to a creditor, establishing terms and enforcement mechanisms under Belgian law.
Download
Supplier Agreement
Belgian law-governed agreement regulating the commercial relationship between customer and supplier for goods/services provision.
Download
Supplemental Agreement
A Belgian law-governed document that modifies or adds to an existing agreement between parties, ensuring compliance with Belgian civil and commercial law requirements.
Download
Subscription Contract
A Belgian law subscription agreement governing recurring service arrangements, incorporating local consumer protection and EU regulatory requirements.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)