Custody agreement
Detailed template of a custody agreement to store goods for a fee, such as items of private individuals, companies’ supplies or the sound equipment of a band. These goods can be stored in a barn, a warehouse or some other locked space. This contract is also referred to as a deposit agreement.
What to fill in yourself
Please fill in the names of both the depositor (legal term: bailor) and the depository (legal term: bailee). The party who owns the goods is known as the “bailor” and the party in temporary receipt is called the “bailee”. Also fill in the commencement date, duration, fees and payment details. You only have to buy our model contract once and then you can use it without limitation.
Summary
Contains provisions on:
- Fees and payment;
- Duration and term of expiration;
- Maximum value of the goods;
- Authority;
- Rights and obligations;
- Liability in case of damage.
Context
This document in the following situations:
In the case of temporary storage of goods the owner of the storage is in a fairly strong legal position. If the bailor does not pay for the services or if payment is late, the bailee may retain the goods. This custody agreement clearly states that if the goods are not collected within the agreed term, the bailee has the right to move the goods or to sell them.
Please note: this contract is only suitable for the storage of goods. To garage (motor)vehicles you need to use our storage agreement (in Dutch: stallingsovereenkomst).
Beoordelingen
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