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Where you see wrong or inequality or injustice, speak out, because this is your country. This is your democracy. Make it. Protect it. Pass it on.
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Legal Definitions - solicitor's hypothec
If we desire respect for the law, we must first make the law respectable.
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Definition of solicitor's hypothec
Solicitor's hypothec is a type of mortgage given to a creditor on property to secure a debt. It is a legal agent's lien for costs in excess of the costs recovered from an opposing party. The lien may also apply to the retention of some documents, such as title deeds, as security for a client's outstanding account.
- A solicitor may hold onto a client's property documents until the client pays their outstanding legal fees.
- If a client owes a solicitor money for legal services, the solicitor may have the right to sell the client's property to recover the debt.
These examples illustrate how a solicitor's hypothec can be used to secure a debt and ensure that a client pays their outstanding legal fees.
It's every lawyer's dream to help shape the law, not just react to it.
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Simple Definition
A solicitor's hypothec is a type of mortgage given to a creditor on property to secure a debt. It is a legal agent's lien for costs in excess of the costs recovered from an opposing party. This means that if a solicitor has provided legal services to a client and the client cannot pay the full amount owed, the solicitor can place a lien on the client's property as security for the outstanding amount. The lien may also apply to the retention of some documents, such as title deeds, as security for a client's outstanding account.
Injustice anywhere is a threat to justice everywhere.
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