The right of stoppage in transit means that an unpaid seller has the right to stop the goods while they are in transit, regain possession, and retain them till he receives the full price.
Can you stop the goods in transit?
Stoppage in transit is a right that only the seller has, and it only applies in transactions between the seller and the buyer. When an unpaid seller has given up custody of the goods and the buyer has gone insolvent, the right is a helpful "self-help" remedy to demand payment.
The most frequent major violation of a real estate contract by a buyer is the failure to complete a closure and the failure to actually pay for and take ownership of the property as specified in the contract. The seller may be entitled to financial compensation if the buyer violates the terms of a real estate contract.
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