This policy turns on the check-out to local disk feature.If you enable this policy setting, documents that are checked-out ...

This policy turns on the check-out to local disk feature.If you enable this policy setting, documents that are checked-out will be stored in the Local Drafts folder on the local disk.If you disable or do not configure this policy setting, documents that are checked out will be checked-out on SharePoint and no local copy will be created.