The _____ requires the true owner of property to claim it or bring a legal action to recover possession of it within a certain number of years after it has been mislaid.
A) estray statute
B) real property statute
C) ownership statute
D) statute of limitations

Question

Quizplus · Accepted Answer

All states have statutes of limitations that require the true owner of property to claim it or bring a legal action to recover possession of it within a certain number of years. A person who keeps possession of lost or unclaimed property for longer than that period of time will become its owner.

The _____ Requires the True Owner of Property to Claim