Document background
The Bailee Waiver is essential in commercial relationships where one party temporarily holds or stores property belonging to another under German law. This document becomes necessary when parties wish to modify the standard bailment obligations prescribed by the German Civil Code (BGB). Typically used in industrial, manufacturing, or storage contexts, the Bailee Waiver helps parties allocate risks and responsibilities differently from the default legal position. It specifically outlines which standard bailee obligations are being waived, while ensuring that the arrangement remains legally valid under German law. The document should be used when the bailee seeks to limit their standard responsibilities regarding the stored property, but must be carefully drafted to ensure it doesn't conflict with mandatory provisions of German law that cannot be waived.
