Abandoned property
What does Abandoned property mean in American Law?
The definition of Abandoned property in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:
Property of any kind as to which a sometime possessor or owner has behaved as described under abandonment. Ordinarily, abandoned property is available to whoever appropriates it, but there are instances in which an abandonment by one person will give another particular person title good against all the world, e.g., abandonment by the owner of a chattel would give title to the finder. See also abandonee.
Meaning of Abandoned Property
In this law dictionary, the legal term abandoned property is a kind of the Patents, Trademarks class.
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