Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,921,631,215 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Ownerless Property

    0.01 sec.
Ownerless Property 

in civil law, property that has no owner because of the voluntary refusal of the property by the owner or property whose owner is unknown. Ownerless property also includes unclaimed freight, mail (after the expiration of a special holding period), and unclaimed found objects. Under Soviet law, such property is transferred to state ownership (Civil Code of the RSFSR, art. 143). Ownerless property in a kolkhoz is transferred to the ownership of the kolkhoz according to the procedure established by law. Ownerless property must be distinguished from escheated property, which arises when a deceased person has no heirs.



Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Mentioned in?  References in periodicals archive?   Encyclopedia browser?   Full browser?
No references found
 
It is the legal name given to ownerless property which passes by law to the crown.
The treasury solicitor's department provides legal services to more than 180 central government departments and other publicly-funded bodies inEngland and Wales, and collects ownerless property that belongs to the Crown.
 
 
 
Encyclopedia
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.