Full question:
We purchased a home last October. When we moved in, we noticed the previous owners had left some property (sports memorabelia) in the home. The sellers left no forwarding address with us, so we mailed a letter to them at our address thinking maybe they forwarded their mail; they hadn't. We notified our realtor the week we moved in. We have searched the white pages online, but have not been able to find a telephone number or address for the sellers. It has been nearly ten months and we have not heard from anyone about the property. What do we need to do to legally claim the property as ours so we can give it away or sell it? I don't want to get rid of it and then have them show up and want it back, potentially putting us in a position where we would have to pay them for property they left behind nearly a year ago. The abandoned property laws I found in Oregon don't seem to cover this situation. Please let me know what the legal remedy would be to claim this property as ours.
- Category: Abandoned Property
- Date:
- State: Oregon
Answer:
I recommend contacting your local police department, as abandoned property laws can differ by area. According to Oregon law (ORS 98.352), if you hold property presumed abandoned, you must report it to the Department of State Lands. This applies to tangible and intangible property. You should attempt to communicate with the previous owners if you know their location and ensure their claim hasn't been barred by the statute of limitations. If you cannot locate them, you may need to follow local procedures for claiming abandoned property. It's important to document your efforts to find the owners before taking any further action.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.