Lien: Difference between revisions
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imported>Doug Williamson (Classify page.) |
imported>Doug Williamson (Add example. Source: Oxford Dictionary of Law, 8th Edition.) |
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A legal right to hold the property of another party or to have it sold or applied in payment of a claim. | A legal right to hold the property of another party, or to have it sold or applied in payment of a claim against the owner. | ||
Examples include the right of a repairer of goods to retain the goods they are repairing. | |||
Latest revision as of 14:16, 27 July 2020
A legal right to hold the property of another party, or to have it sold or applied in payment of a claim against the owner.
Examples include the right of a repairer of goods to retain the goods they are repairing.