11-12-2013, 09:30 PM
space-time wrote:
After a prescribed period of time, if the rightful owner cannot be located, the property is returned to the finder. At that point, said property is now legally owned by the finder.
how long?
The length of time varies according to value and jurisdiction. In NY, I believe the longest hold period is five years. The shortest may still be under one year (for low value items).