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What is a retention of title (ROT) clause?
In commercial transactions involving the sale of goods, including intellectual property (IP), a seller should consider protecting themselves against the risk that a buyer may default on payment. In Queensland, one such protection method is provided by section 22 of the Sale of Goods Act 1896 (Qld) (SGA), which states that a seller may reserve…
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Importance of retention of title clauses in commercial contracts
Understand the implications of a retention of title clause and learn about the Perfected Purchase Money Security Interest. Find out what to do if goods become commingled, the effects of not registering on the Personal Property Securities Register (PPSR), and the benefits of registration. Click through to learn more.
ROT clause
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