Is the lessee liable for the item after the lease term expires?

Primary text

Upon the expiration of the lease term, the item remains in the lessee's hands as a trust, similar to a deposit. If it is destroyed without negligence, there is no liability upon the lessee. This is the position of some Shafi'i scholars. The supporting rationale is that the nature of the contract remains one of trust, similar to a deposit. Furthermore, if liability were obligatory, then returning the item would also be obligatory, which is not the case here as it is unlike a loaned item which is liable in all circumstances and must be returned.