Retention of Title: Taking back what’s yours?, March 2011

11-03-2013

A retention (or reservation) of title clause is a clause in an agreement whereby a party selling goods seeks to reserve to itself the title in those goods until certain conditions have been met by the buyer, usually payment. The key reason for including a retention of title clause is to give the seller of goods priority over secured and unsecured creditors of the buyer, should he becomes insolvent.

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