Legal Question in Real Estate Law in New York

I found 500 dollars cash in an envelope. i handed it in to the storekeeper.the agreement was if the owner didn't come to claim it, i was going to claim it as my own.owner didn't show, storekeeper wouldn't return the money to me. called the police where as complaint was made. police took the money. question is: what is the time frame before i can claim it?


Asked on 2/16/11, 6:38 am

1 Answer from Attorneys

Arnold Nager Arnold H. Nager, Esquire

In NY City, the Property Clerk returns lost property to the finder if unclaimed for ninety days.

This post is not legal advice and does not create an attorney-client relationship. It is a comment on the legal question posed by the poster and should not be relied upon in any way. All readers are advised to consult an attorney to address their specific legal concerns. Additional facts could affect the answer given.

My comments are based on treating your question as a hypothetical. Accordingly, my comments could be substantially and materially different were I advised of all of the relevant facts and circumstances. My comments are by necessity general in nature, and should not be relied upon in taking or forgoing action in your circumstances without retaining an attorney. In order to fully explore your legal matter, you should meet with me or another attorney and bring to any such meeting all relevant documents and correspondence, and any other relevant facts. I am not hired to be your attorney, and no attorney-client relationship exists between us, unless and until you enter into a written retainer agreement with me, tender the agreed amount for a retainer and it is accepted by me. I reserve the right to decline representation should circumstances change. As you are aware, in New York there are various deadlines for filing a complaint, filing an answer to a complaint, or taking other action in order to preserve your legal rights, and avoid a complete loss of those rights. You should retain counsel immediately in order to be fully advised of your rights, and to be fully informed of the applicable time period within which those rights must be asserted. If you were to delay in doing so, it might result in your potential cause of action being forever barred.

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Answered on 2/19/11, 12:31 pm


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