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LSDefine

Simple English definitions for legal terms

Warehouseman's lien

Read a random definition: al barre

A quick definition of Warehouseman's lien:

A warehouseman's lien is a type of security interest that a person can get when they store someone else's property. If the owner of the property doesn't pay for the storage services, the lien holder can keep the property until they get paid.

A more thorough explanation:

A warehouseman's lien is a type of security interest that can be obtained by a person or company that provides storage services for someone else's property. If the owner of the property fails to pay for the storage services as agreed, the lien holder may be able to keep possession of the property until the debt is paid.

For example, let's say that John owns a furniture storage company. Mary hires John to store her furniture for a fee. If Mary fails to pay the fee, John may be able to keep possession of the furniture until Mary pays the debt. This is because John has a warehouseman's lien on the furniture.

Another example could be a car storage company that has a warehouseman's lien on a car that has been left in their possession for an extended period of time without payment for storage fees.

These examples illustrate how a warehouseman's lien can be used to protect the interests of a storage service provider when a customer fails to pay for the services provided.

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[] 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
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
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