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Legal Definitions - redelivery
Definition of redelivery
Redelivery refers to the act of returning an item, property, or document to the party who originally provided it, or to a designated recipient, after it has been in the temporary possession of another.
Here are some examples illustrating redelivery:
Imagine a construction company that leases a specialized piece of heavy machinery, such as a large excavator, for a specific building project. Once the project is completed and the machinery is no longer needed, the construction company performs a redelivery of the excavator by returning it to the leasing company according to the terms of their rental agreement.
This illustrates redelivery because the machinery, which was temporarily in the possession of the construction company, is being returned to its rightful owner, the leasing company, after its intended use.
Consider a situation where a lawyer sends a set of important discovery documents to the opposing counsel, but due to an administrative error, the documents are mistakenly sent to an outdated office address. After the error is identified, the lawyer arranges for the redelivery of the documents to the correct, updated address of the opposing counsel.
This demonstrates redelivery as the documents, initially misdirected, are being sent again to their intended recipient to ensure proper legal process.
A small business owner provides the title to their commercial vehicle as collateral for a short-term business loan from a bank. Upon successfully repaying the loan in full, the bank performs a redelivery of the vehicle title back to the business owner, releasing their claim on the asset.
This example shows redelivery in the context of property or legal instruments. The title, held by the bank as security, is returned to its owner once the financial obligation it secured has been fulfilled.
Simple Definition
Redelivery is the act of returning something that was previously delivered or transferred to another party. It signifies the restitution or giving back of an item to its original owner or a designated recipient.