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LSDefine

Simple English definitions for legal terms

document of title

Read a random definition: plene computavit

A quick definition of document of title:

A document of title is a piece of paper that describes goods and allows the person holding it to receive, keep, and sell those goods. Examples of documents of title include bills of lading, warehouse receipts, and delivery orders. These documents are usually governed by Article 7 of the UCC.

A more thorough explanation:

A document of title is a written description, identification, or declaration of goods that allows the holder, usually a bailee, to receive, hold, and dispose of the document and the goods it covers. Examples of documents of title include bills of lading, warehouse receipts, and delivery orders. These documents are typically governed by Article 7 of the Uniform Commercial Code (UCC).

  • Bills of lading: A bill of lading is a document issued by a carrier that acknowledges receipt of goods and specifies the terms of their transportation. The holder of the bill of lading has the right to take possession of the goods upon delivery.
  • Warehouse receipts: A warehouse receipt is a document issued by a warehouse operator that acknowledges receipt of goods and specifies the terms of their storage. The holder of the warehouse receipt has the right to take possession of the goods upon payment of any outstanding fees.
  • Delivery orders: A delivery order is a document issued by a carrier or warehouse operator that authorizes the release of goods to a specified recipient. The holder of the delivery order has the right to take possession of the goods upon presentation of the document.

These examples illustrate how a document of title can be used to transfer ownership or possession of goods from one party to another. By holding the document, the holder has the right to take possession of the goods and dispose of them as authorized by the document.

documentary-stamp transfer tax | document request

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eggan
10:32
im also doing fordham PI so its different
180letmein
10:32
Ahhh makes sense.
eggan
10:33
@winningest: top 10% isnt guaranteed tho. the curve might beat ur ass
eggan
10:34
between wayne and maurer tho for full rides id actually do maurer. indiana is a bigger name imo than wayne
eggan
10:35
you could probably get a cool job in chicago there
10:35
Between those two I lean Wayne bc I prefer location
eggan
10:35
gotcha its a location thing
TenFiftyILuvUGang
10:36
me and my friends we got money to spend
TenFiftyILuvUGang
10:36
me n my friends we got money to spend
TenFiftyILuvUGang
10:36
me n my friends me n my friends
10:37
It seems so odd that lower ranked schools tend to region lock you though, it’s the only profession that really works like that I feel
10:38
That’s part of my fear is I don’t truly know where I’ll want to live in a decade
10:38
kjkj
10:45
what's up bullet shields?
Mostlylegal
10:46
ANOTHER DAY ANOTHER FO PM?
10:48
Heard maga SLS wave this week
Mostlylegal
10:50
guys i dont think i can take this anymore
10:50
So join a gang, esse
10:51
Everything is a choice, brudda
ClassyPleasantHeron
11:36
I'm honestly surprised that NYU has bothered to send more As this late.
MrThickRopes
11:38
Where da decisions at
11:40
^
babycakes
11:40
NYU has not rendered decisions for 50+% all applicants
babycakes
11:41
of all
babycakes
11:41
They are one of the law schools with the most acceptances left to give, along with Stanford
Denny
11:47
hi babtcakes
MeowPossibilities
12:03
guys how do i get lsat up to a 156 from 151 by june
TenFiftyILuvUGang
12:04
only need to get 4 or 5 more right
Mostlylegal
12:42
learn the question types and what the test writers want in the answers and you will score a 160
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