Property is lost when the possessor does not know where property is located, but aims to find it. Lost asset is property that an owner has misdirected without intending to give up possession. A person who finds lost property does not acquire title to the property. At most, a finder of lost property is entitled to possession of the property until it is claimed by the owner. The affidavit which gives all the details of how to find lost property by applicant of the lost property is a general sample that may be raised to when formulating such a form for any particular state. It is for illustrative purposes only. |