Grand Larceny: A Comprehensive Guide to Its Legal Definition and Consequences

Definition & Meaning

Grand larceny is a serious crime involving the unlawful taking of someone else's property or money, where the value exceeds a specific amount set by law. This crime is distinct from petty larceny, which involves property of lesser value. Unlike embezzlement or false pretenses, grand larceny requires the actual taking of property without the owner's consent, and the property must be physically removed from its location.

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Real-world examples

Here are a couple of examples of abatement:

Example 1: A person steals a car valued at $15,000 from a parking lot. This act qualifies as grand larceny due to the high value of the property taken.

Example 2: A shoplifter takes merchandise worth $1,200 from a store. This theft would also be classified as grand larceny because it exceeds the value threshold. (hypothetical example)

State-by-state differences

State Value Threshold for Grand Larceny
California $950
New York $1,000
Texas $2,500

This is not a complete list. State laws vary, and users should consult local rules for specific guidance.

Comparison with related terms

Term Definition Key Differences
Petty Larceny Theft of property valued below the statutory limit. Lower value threshold; typically a misdemeanor.
Burglary Entering a building unlawfully with intent to commit a crime. Involves unlawful entry; not solely about theft.
Embezzlement Misappropriation of funds placed in one's trust. Involves betrayal of trust rather than direct theft.

What to do if this term applies to you

If you are facing charges of grand larceny, it is crucial to seek legal advice. Consider using US Legal Forms to find templates that may help you understand your rights and options. If your situation is complex, consulting with a qualified attorney is highly recommended to navigate the legal process effectively.

Quick facts

  • Typical Penalties: Imprisonment, fines, and restitution.
  • Jurisdiction: Criminal law.
  • Value Threshold: Varies by state, typically between $950 and $2,500.

Key takeaways

Frequently asked questions

Grand larceny involves theft of property valued above a certain amount, while petty larceny involves items below that threshold.