If I found a diamond ring on someone else’s property a year ago and it has nor been claimed, do I have tights to the ring?

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If I found a diamond ring on someone else’s property a year ago and it has nor been claimed, do I have tights to the ring?

I gave it to the owner of the land to see if the true owner would claim it. It has now been over a year and no one has claimed it. Who now has the rights to the ring – me or the property owner?

Asked on November 17, 2012 under Bankruptcy Law, Massachusetts

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 8 years ago | Contributor

Under the laws of all states in this country since you found the diamond ring on another person's property then the owner of the property that the ring was found on owns it. I suggest that you have the property owner sell the ring and the proceeds be split equally.


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