Derelict
Term · Law · MLC-T-LAW-001580
Property that has been abandoned by its owner, especially a ship or cargo at sea, without any intention of reclaiming it. In maritime law, a derelict vessel can be claimed by salvors who find it, subject to certain conditions and salvage awards. The concept also applies to land that has been forsaken by its owner.
| Identifier | MLC-T-LAW-001580 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001580",
"term": "Derelict",
"field": "Law",
"definition": "Property that has been abandoned by its owner, especially a ship or cargo at sea, without any intention of reclaiming it. In maritime law, a derelict vessel can be claimed by salvors who find it, subject to certain conditions and salvage awards. The concept also applies to land that has been forsaken by its owner.",
"url": "https://mlchart.com/terminology/law/derelict/"
}
Record 1,448 of 5,439 in Law terminology (MLC-0107). Request the full dataset.