A warehouseman's lien is a legal right that allows a storage provider to retain possession of goods until payment for storage services is made. This lien serves as a security interest in the property stored. If the customer fails to pay for the storage services as agreed, the warehouseman may keep the goods until the debt is settled.
This term is primarily used in the context of property law and commercial transactions. It is relevant in situations involving storage facilities, moving companies, and other entities that provide storage services. Users may encounter warehouseman's liens in civil disputes regarding unpaid storage fees, where legal forms may be needed to assert or contest the lien.
Here are a couple of examples of abatement:
Example 1: A furniture storage company retains a client's belongings because the client has not paid their monthly storage fees. The company can keep the furniture until the fees are paid.
Example 2: A moving company has a lien on a customer's items due to non-payment for moving services. If the customer fails to pay, the moving company may sell the items to recover the owed amount. (hypothetical example)
| State | Key Differences |
|---|---|
| California | Allows warehousemen to sell goods after a specified period of non-payment. |
| Texas | Requires written notice to the owner before selling the goods. |
| New York | Has specific regulations regarding the sale of goods under lien. |
This is not a complete list. State laws vary and users should consult local rules for specific guidance.
| Term | Definition |
|---|---|
| Mechanic's lien | A claim against property for unpaid work performed on that property, typically in construction. |
| Judgment lien | A lien placed on property following a court judgment for unpaid debts. |
If you are a warehouseman seeking to enforce a lien, ensure you follow the legal requirements for notifying the property owner and selling the goods if necessary. If you are a property owner facing a lien, consider negotiating with the warehouseman or seeking legal advice. Users can explore US Legal Forms for templates that may assist in these situations.
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It is a legal right that allows a storage provider to keep possession of goods until payment for storage services is made.