Retention of title: Difference between revisions

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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.
== See also ==
* [[Profit and Loss reserve]]

Revision as of 15:08, 6 April 2013

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.