Retention of Title Clause

What is Retention of Title Clause?

A contract term stating that goods remain the seller’s property until the buyer pays in full.

Think of it like this…

You keep legal ownership of the goods until the money clears.

Why does it matter?

  • Protects sellers from non-payment losses
  • Allows goods to be reclaimed if unpaid
  • Common in credit sales contracts

Best practice

Include it in your terms and make sure customers agree before supply.

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