auctioneer’s lien:
(1895)

1. The right of an auctioneer to retain property, goods, and documents held on the seller’s behalf until the winning bidder has paid all that is owed for what has been sold, including the buyer’s premium and any expenses or liabilities properly incurred. [1]

1. The lien of an auctioneer, for his charges and commissions, upon the property entrusted to him and the sums coming into his hands.  7 Am J2d Auct § 61. [2]

References:

Disclaimer: All material throughout this website is pertinent to people everywhere, and is being utilized in accordance with Fair Use.

[1]: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black, Editor in Chief Bryan A. Garner. ISBN: 978-0-314-61300-4

[2]: Ballantine’s Law Dictionary with Pronunciations
Third Edition by James A. Ballantine (James Arthur 1871-1949).  Edited by William S. Anderson.  © 1969 by THE LAWYER’S CO-OPERATIVE PUBLISHING COMPANY.  Library of Congress Catalog Card No. 68-30931

******************************************

Back to Types of Liens that can only be Asserted by Professionals

Back to Liens

Like this website?

Please Support Our Fundraiser

or donate via PayPal:

• please set some widgets to show from Appearance -> Widgets.

 

Disclaimer: Wild Willpower does not condone the actions of Maximilian Robespierre, however the above quote is excellent!