Retention of title: Difference between revisions
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imported>Doug Williamson m (Spacing and category added 20/8/13) |
imported>Doug Williamson m (Added see also 'Clause' 5/2/14) |
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Also known as a Romalpa clause after the name of the legal case in which the validity of such clauses was first established in UK law. | Also known as a Romalpa clause after the name of the legal case in which the validity of such clauses was first established in UK law. | ||
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== See also == | |||
* [[Clause]] | |||
[[Category:Compliance_and_audit]] |
Revision as of 14:58, 5 February 2014
Law.
A retention of title clause is a term in a contract of sale providing that ownership of the goods will not pass to the buyer until the buyer has paid the seller.
Also known as a Romalpa clause after the name of the legal case in which the validity of such clauses was first established in UK law.