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As a corollary to this exception, a landowner has superior claim over a find made within the non-public areas of his property, so if a customer finds lost property in the public area of a store, the customer has superior claim to the lost property over that of the store-owner, but if the customer finds the lost property in the non-public area ...
In many jurisdictions, if the owner cannot be located, such property can be revocably escheated to the state. In commerce, it is the process of reassigning legal title in unclaimed or abandoned payroll checks, insurance payouts, or stocks and shares whose owners cannot be traced, to a state authority (in the United States).
Unowned property includes tangible, physical things that are capable of being reduced to being property owned by a person but are not owned by anyone. Bona vacantia (Latin for "ownerless goods") is a legal concept associated with the unowned property, which exists in various jurisdictions, with a consequently varying application, but with origins mostly in English law.
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In the United States, the Homestead Act allowed people to claim land as their own as long as it was originally unowned and the property was then developed by the claimant. In the field of social simulation, Rosaria Conte and Cristiano Castelfranchi have used "finders, keepers" as a case study for simulating the evolution of norms in simple ...
Four pounds of gold coins dating from 1857 to 1914 were found during the excavation of a driveway in Blaine County, Idaho.The court awarded the property to the owner of the property where the coins were found, instead of to the finder, and rejected the distinctions between categories of lost property as anachronistic in situations in which personal property is buried or hidden on privately ...
A lost and found (American English) or lost property (British English), or lost articles (also Canadian English) is an office in a public building or area where people can go to retrieve lost articles that may have been found by others. Frequently found at museums, amusement parks and schools, a lost and found will typically be a clearly marked ...
Each U.S. state has a recording act, a statute which dictates the legal procedure by which an individual claiming an interest in real property (real estate) formally establishes their claim to that property. The recordation of property rights becomes particularly significant where an unscrupulous dealer in land purports to sell the same tract ...