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Warehouseman's Lien

Definition - What does Warehouseman's Lien mean?

The term "warehouseman's lien" can be defined as the security interest acquired in the property by a person who is associated with providing storage-related services for that particular property. In case there is no payment for the services, the lien holder has the right to keep that property.

Justipedia explains Warehouseman's Lien

The possession of a customer’s property doesn’t simply mean that the warehouse operator can use the property or has the warehouseman’s lien. In fact, the warehouse operator must possess the customer warehouse receipt, which may serve as the warehouseman’s lien if it has information regarding the location of the warehouse and of the goods stored, handling charges or storage rate, etc.

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