A bailment occurs when an owner of personal property — the bailor temporarily entrusts custody of the property to another person - the bailee for some mutually accepted reason. For example, if you took your vehicle in to the auto-body shop to be repaired, you would be the bailor - the owner of the goods - and the auto-body shop would be the bailee. You'd retain ownership of the vehicle, and you and the shop would both understand that this was only a temporary transfer of possession until the repairs were completed. In addition, you'd both understand that payment was to be made to the bailee for the cost of the repairs.