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Under American common law, treasure trove belongs to the finder unless the original owner reclaims. Some states have rejected the American common law and hold that treasure trove belongs to the owner of the property in which the treasure trove was found. These courts reason that the American common law rule encourages trespass.
Bailment is a legal relationship in common law, where the owner transfers physical possession of personal property ("chattel") for a time, but retains ownership. [1] The owner who surrenders custody of a property is called the "bailor" and the individual who accepts the property is called a "bailee". [2]
Abandoned car repair station in Victoria, Australia. In law, abandonment is the relinquishment, giving up, or renunciation of an interest, claim, privilege, possession, [1] civil proceedings, appeal, or right, especially with the intent of never again resuming or reasserting it.
In civil law countries, possession is not a right but a (legal) fact, which enjoys certain protection by the law. It can provide evidence of ownership but does not in itself satisfy the burden of proof. For example, ownership of a house is never proven by mere possession of a house.
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In common law a lien also remains on the property, and it is not extinguished by alienation of the property; liens may be real or equitable. Many jurisdictions levy a personal property tax , an annual tax on the privilege of owning or possessing personal property within the boundaries of the jurisdiction.
Ohio’s traffic laws made a pivotal change this year, and some new legislation could call for more change in the new year. In January, Gov. Mike DeWine signed a new distracted driving law , which ...
The orange cat in this video is desperate to catch a bug hanging out on the ceiling of his home—so desperate, in fact, that he may be taking his very life in his hands.