The storage document is a document that certifies the storage of goods in domestic and foreign trade. It is also known as a warehouse receipt and is issued by a warehouse keeper as proof of storage. A warehouse keeper is someone who takes over the commercial storage and safekeeping of goods within the meaning of Section 416 of the German Commercial Code (HGB).
The warehouse receipt confirms receipt of the goods by the warehouse keeper with the obligation to surrender the goods to the person authorized by the submission of the warehouse receipt.
Storage papers can be:
The ordinary warehouse receipt as a name warehouse receipt, which is a rectal paper. The right to surrender the goods is therefore only available to the person named in the document. The entitlement also applies to those who can document their entitlement through ongoing assignment contracts by submitting the name warehouse receipt. If the name warehouse receipt is pledged for financing purposes, the warehouse keeper must be notified.
Order warehouse receipt
The order warehouse receipt, which is a recognized order paper and may only be issued by state-authorized warehouse keepers. In contrast to the born order paper by law, it becomes an order paper through the issuer's order clause. The order warehouse receipt is through endorsement transferable, ie by means of a transfer note on the back of the order paper.
Availability of the stored goods
The availability of the stored goods is transferred to the recipient when a storage document is transferred. The main advantage is that in the transfer of ownership, the handover of the paper takes the place of the cumbersome handover of the stored goods.