MLchartDataset catalogue

Abandoned property

Term · Law · MLC-T-LAW-000260

Personal property that an owner has intentionally and voluntarily relinquished all rights to, without transferring ownership to another party. The intent to abandon is a key element, inferred from the owner's actions or inactions. Once abandoned, the property may be claimed by the first person who takes possession, subject to local laws.

Table 1. Record
IdentifierMLC-T-LAW-000260
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000260",
  "term": "Abandoned property",
  "field": "Law",
  "definition": "Personal property that an owner has intentionally and voluntarily relinquished all rights to, without transferring ownership to another party. The intent to abandon is a key element, inferred from the owner's actions or inactions. Once abandoned, the property may be claimed by the first person who takes possession, subject to local laws.",
  "url": "https://mlchart.com/terminology/law/abandoned-property/"
}

Record 19 of 5,445 in Law terminology (MLC-0107). Request the full dataset.