Impound - sustany/dvg GitHub Wiki

In a criminal law, to impound is when the court or police take custody of personal property, such as an automobile or building.�The property may be returned to the owner at the end of the proceeding or it may be forfeited to the state (e.g.� in cases involving illegal drugs).

Impound is also the collection of funds from a person who owes a debt secured by property, in addition to installment payments, and depositing them in a separate account to pay property taxes and insurance. This safeguards the lender or seller against the borrower's failure to maintain insurance coverage or tax bills that constitute a lien on the property.