Retention of title

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 fulfills certain obligations, usually payment of the purchase price.

Also known as a reservation of title clause.

Also known as a Romalpa clause after the name of the legal case in which the validity of such clauses was first established in law in the UK.

See also

• Clause
• Retention