statutory right of detention and sale

简明释义

法定滞留和出售权

英英释义

例句

1.A notice was posted about the impending use of the statutory right of detention and sale on the property.

关于即将使用法定扣押和出售权的通知已张贴在该物业上。

2.Under the statutory right of detention and sale, the garage owner can sell a vehicle if the repair bill remains unpaid for over 30 days.

根据法定扣押和出售权，车库老板可以在修理费逾期超过30天后出售车辆。

3.The company invoked its statutory right of detention and sale to dispose of equipment that was not picked up by the client.

公司援引其法定扣押和出售权处置未被客户提走的设备。

4.The landlord exercised his statutory right of detention and sale to recover unpaid rent by selling the tenant's belongings.

房东行使了他的法定扣押和出售权，通过出售租户的财物来收回未支付的租金。

5.Before exercising the statutory right of detention and sale, the service provider must give proper notice to the customer.

在行使法定扣押和出售权之前，服务提供商必须向客户发出适当的通知。

作文

In the realm of property law, the term statutory right of detention and sale plays a crucial role in protecting the interests of creditors. This legal provision allows creditors to retain possession of a debtor's property until the debt is settled. Essentially, it serves as a form of security for the creditor, ensuring that they have a means to recover what is owed to them. The statutory right of detention and sale is not just a mere privilege; it is enshrined in legislation, which means it is backed by law and must be adhered to by both parties involved in a debt relationship.To better understand this concept, let’s consider a practical example. Imagine a scenario where a person takes their car to a repair shop. After the repairs are completed, the shop owner informs the customer of the total cost. However, the customer is unable to pay the bill. In this situation, the repair shop may exercise its statutory right of detention and sale. They can legally hold onto the car until the customer pays for the services rendered. If the customer fails to settle the debt within a specified timeframe, the shop may then proceed to sell the car to recover the owed amount.This legal framework is designed to balance the rights of both creditors and debtors. While creditors are afforded the ability to secure their debts through the statutory right of detention and sale, debtors are also protected by laws that govern how and when these rights can be exercised. For instance, there are regulations that dictate the notice period a creditor must provide before selling the detained property, ensuring that debtors have ample opportunity to fulfill their obligations.Moreover, the statutory right of detention and sale extends beyond personal property and can apply to various types of assets, including goods in a warehouse or equipment leased by a business. This versatility underscores the importance of understanding this right in different contexts. Businesses, in particular, must be aware of how this statutory right can impact their operations, especially if they rely on credit to manage cash flow.However, it is essential to recognize that the application of the statutory right of detention and sale can vary significantly from one jurisdiction to another. Different regions may have distinct laws governing the specifics of how this right can be exercised, including what constitutes a reasonable notice period and the procedures for selling detained property. As such, individuals and businesses alike should seek legal advice to navigate these complexities effectively.In conclusion, the statutory right of detention and sale is a vital legal mechanism that provides creditors with a means of securing their debts while also offering a framework that protects debtors from arbitrary actions. Understanding this concept is essential for anyone involved in transactions that involve credit, whether as a creditor or a debtor. By grasping the implications of this statutory right, individuals and businesses can better prepare themselves to engage in financial agreements with confidence, knowing their rights and obligations under the law. The interplay between creditor rights and debtor protections ultimately fosters a more equitable economic environment, allowing for smoother transactions and reduced conflicts over debts.

在财产法的领域中，术语法定扣押和出售权在保护债权人利益方面发挥着至关重要的作用。这项法律条款允许债权人在债务清偿之前保留对债务人财产的占有权。基本上，它作为一种对债权人的保障，确保他们有手段来收回所欠的款项。法定扣押和出售权不仅仅是一种特权；它被写入法律，这意味着它受到法律的支持，双方在债务关系中都必须遵守。为了更好地理解这一概念，让我们考虑一个实际的例子。想象一下，一个人将他们的汽车送到修理店。维修完成后，店主通知客户总费用。然而，客户无法支付账单。在这种情况下，修理店可以行使其法定扣押和出售权。他们可以合法地保留汽车，直到客户支付所提供的服务费用。如果客户在规定的时间内未能清偿债务，商店可以继续出售汽车以收回所欠款项。这一法律框架旨在平衡债权人和债务人的权利。当债权人通过法定扣押和出售权获得保障时，债务人也受到法律的保护，法律规定了这些权利如何以及何时可以被行使。例如，法律规定了债权人在出售被扣押财产之前必须提供的通知期限，确保债务人有足够的机会履行其义务。此外，法定扣押和出售权不仅限于个人财产，还可以适用于各种类型的资产，包括仓库中的货物或企业租赁的设备。这种灵活性突显了在不同背景下理解这一权利的重要性。特别是企业，必须意识到这一法定权利如何影响其运营，尤其是在依赖信贷管理现金流的情况下。然而，必须认识到，法定扣押和出售权的适用性在不同司法管辖区之间可能会有显著差异。不同地区可能有不同的法律来规范这一权利的具体行使方式，包括什么构成合理的通知期限和出售被扣押财产的程序。因此，个人和企业应寻求法律建议，以有效地应对这些复杂性。总之，法定扣押和出售权是一种重要的法律机制，为债权人提供了一种保障其债务的手段，同时也提供了一个保护债务人免受任意行为的框架。理解这一概念对于任何参与涉及信贷的交易的人来说都是至关重要的，无论是作为债权人还是债务人。通过掌握这一法定权利的含义，个人和企业可以更好地准备自己，自信地参与金融协议，了解自己在法律下的权利和义务。债权人权利与债务人保护之间的相互作用最终促进了一个更公平的经济环境，使交易更加顺畅，减少了债务冲突。