Remembering the Difference Between Bailor and Bailee

by | Jan 10, 2018 | CPCU 500, CPCU 530

Here is a super short, quick tip: several of the CPCU® courses discuss a concept called bailment, which is when someone temporarily gives possession of their property to another party. Bailor refers to the original property owner, while bailee refers to the person who temporarily has possession of the property. Distinguishing between the two parties is important to getting your test questions right, but their similarity makes it easy to mix the two up. One easy way to remember the difference? Bailor has an O for owner!

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