Browsing All posts tagged under »Sale of Good«

Romalpa Clause

January 18, 2015


Romalpa clause, also known as ‘Retention of Title’ (ROT) clause. It is always adopted into contracts of good on credit terms. The clause is applicable on both domestic trade and international trade, and acceptable in most of the jurisdictions. What is Romalpa clause? It is a contractual provision which allows the title (or ownership) to the goods remains vested […]