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LSDefine

Simple English definitions for legal terms

retention

Read a random definition: volenti non fit injuria

A quick definition of retention:

Retention is a legal term that means a person has the right to keep something until they are paid for it or until their claim against it is satisfied. It's like a security deposit. For example, if you borrow your friend's bike and you damage it, your friend has the right to keep the bike until you pay for the repairs. Retention can also refer to a person's right to keep all of someone's property as security for a debt, or to keep property owned by someone else until they are reimbursed for expenses related to that property's care and maintenance.

A more thorough explanation:

Definition: Retention is a legal term used in Scots law to describe a possessor's right to keep a movable until their claim against the movable or its owner is satisfied. This is also known as a lien. There are two types of retention: general retention and special retention.

General retention is a possessor's right to keep all property owned by a debtor as security for the debt.

If a person owes money to a creditor, the creditor may have the right to keep all of the debtor's property until the debt is paid off. This means that the debtor cannot sell or dispose of their property until the debt is settled.

Special retention is a possessor's right to keep property owned by another until reimbursed for expenditures on the property for its repair or for its care and maintenance.

If a person owns a car and leaves it with a mechanic for repairs, the mechanic may have the right to keep the car until they are paid for the repairs. This means that the owner cannot take the car back until they have paid the mechanic for their services.

These examples illustrate how retention works in Scots law. It allows a possessor to hold onto property until their claim is satisfied, whether it be for a debt owed or for expenses incurred on the property.

retenta possessione | retinue

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[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
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