what is the law on finding lost property

Except as provided in subdivision five of section two hundred fifty-six of this chapter or as otherwise prescribed pursuant to section two hundred fifty of the general municipal law, any person who finds lost property of the value of twenty dollars or more or comes into possession of property of the value of twenty dollars or more with knowledge that it is lost property or found property shall, within ten days … The finder may also be entitled to a small compensation for his or her time and effort; however, the finding party does not acquire a lien against the property.

To be a lost property the property must be lost unintentionally and involuntarily. Property that someone has left with you. Examples include a sweater, or a cell phone with a passcode. In fact, police can charge you for keeping goods or money you’ve found that you don’t hand in. If someone leaves … Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.Begin typing to search, use arrow keys to navigate, use enter to selectCopyright © 2020, Thomson Reuters.

The person who finds a lost horse, for example, feeds it for several weeks and rents a horse trailer to return it to the owner should be reimbursed for the hay and rental expenses. The true owner of lost property is responsible for paying all reasonable expenses incurred by a finder in the discovery and preservation of lost property. In this situation, you should get legal advice.Property identification is useful when your property has been stolen, but also when you’ve lost it.Find out what is happening right now with crime and police at For general enquiries, feedback, complaints and compliments:Help us improve the content on our website or tell us what is working really well. If you find property that someone has obviously lost, take it to your local police station. But if someone finds such unmarked property and takes possession of it, the finder is still obligated to make reasonable efforts to reach the owner. … Under the law of bailment, you must take reasonable care of the goods and not damage them or take them from the owner.If you get rid of someone's property, you may be responsible to the owner for its value or even be charged with theft.If the person refuses to take the property back, you’re still legally responsible for it unless you come to an agreement with the owner. If you find goods that appear to be lost, then you can keep the goods as long as: You did not find the goods dishonestly or while trespassing; You take care of the goods – you will be liable for any damage caused to the goods while they are in your care; You did not find the goods on your employers’ property; The goods are lost, and not uncollected or abandoned, stolen or treasure; You have taken … The penalties for the crime … Except as provided in subdivision four of this section, any person who shall refuse or wilfully neglect to comply with the provisions of subdivision one or subdivision two of this section shall be guilty of a misdemeanor and upon conviction thereof shall be punished by a fine of not more than one hundred dollars or imprisonment not exceeding six months or both.4.
3. The essential test of lost property is whether the owner parted with the possession of the property intentionally or involuntarily.

Under Florida Statute 705.102(1), the failure to report the finding of lost or abandoned property to law enforcement, or return the property when asked, is considered theft. A person shall not be subject to criminal prosecution for failure to report a finding or acquisition of possession of found property or of a found instrument to the police and deposit such property or instrument with the police if, in lieu thereof, he delivers the property or instrument to the person in possession of the premises where the property or instrument was found, provided he had no reason to believe that such person would not comply with subdivision one or subdivision two of this section.A person who delivers found property or a found instrument to the person in possession of the premises where the property or instrument was found is not liable to the owner or person entitled thereto for such delivery if he had no reason to believe that such person in possession of the premises would not comply with subdivision one or subdivision two of this section.FindLaw Codes are provided courtesy of Thomson Reuters Westlaw, the FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. This site is protected by reCAPTCHA and the Google Finding owners of lost property. Rather than calling the police immediately, contact any places where you may have left it first, such as a bus depot or taxi company.If you still can’t find your property, fill out a lost property form online. Laws in some states require repayment for the finder's expenses in caring for and returning the lost property. You’ll receive an email within 48 hours with your police reference number.If you think your property has been stolen and not lost, contact Policelink on After you have reported stolen property to Policelink, you can add further details to the stolen property list.You need a current email address to use the online form.If you find property that someone has obviously lost, take it to If you find goods or money, you can’t keep them.

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what is the law on finding lost property