- Mislaid (forgotten) property
- Abandoned property
- Waifs (property recovered after a theft)
- Treasure troves (valuable items found hidden)
Nearly everyone in Mineola has likely heard a story of someone finding something of value that has been lost in a place like a restaurant or a park. Such occurrences may be much more common than most believe. Research data shared by The New York Daily News shows that one in five Americans loses a personal item every week, with the average person losing up to $5,591 in belongings during his or her lifetime. The question is what obligations do those who find lost or mislaid items have in terms of returning them in order to avoid being accused of theft?
To answer that question, one needs to first understand how the state defines lost property. According to Section 251.3 of New York’s Personal Property Laws, lost property includes:
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