Estray statutes encourage the return of found property to its owner by making it possible for the finder to acquire title to it.

Question

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Estray statutes typically require the finder to make a good faith effort to locate the owner and publicize the discovery of the property before the finder can acquire title to it. This encourages the return of the property to its rightful owner rather than allowing the finder to simply keep it without any effort to locate the owner.

Estray Statutes Encourage the Return of Found Property to Its