Thursday, August 14, 2008

Can I have my lawnmower back?


A loan of property without a predetermined time period may be terminated at any time by the lender.

This is different from the presumption by a loan of money, where the borrower automatically receives 30 days because it is understood that he will spend/invest the borrowed money, and will not immediately have it available for repayment.

(Code of Jewish Law Choshen Mishpat 341:1; Meirat Einayim 341:1)

Have a great day,

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