Warehouseman’s Lien

Warehouseman’s Lien – this legal term refers to a security interest on movable properties (goods) by the holder who provides storage services and keeps possession of these movable assets (goods) involved in case of failure of payment for their services. Once the owner of goods pays the debt, the warehouseman releases the goods to them. The owner of goods is also obliged to cover all expenses for keeping the goods in the period of delay of payment.

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