ranger_co_1_75
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There are a lot of bad guesses given on this question. Most of them don't have any basis in law. To sell something that belongs to someone else is Theft in any state I am aware of. It does not matter if the property was borrowed, rented, or taken without permission. If it was sold without permission of the owner, it is theft.
Title does not transfer when stolen property is sold. It still belongs to the person it was stolen from. The owner has a legal right to demand the return of his car at no cost to him.
Possession is not 9/10 ths of the law in any state I am aware of. Because you have possession of someone elses property does not mean you can sell or dispose of it. To say that by loaning something to someone allows them to sell it, is like saying the mechanic you trusted your car to for repairs can sell it if he wants.
The person purchasing the stolen car will have to sue the person who sold the car to get his money back.
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Monica
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It's yours. But to get it back, you'd have to be able to prove that it was yours and also that you only lent it to the other person. |
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EaglesDen
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If you loan something to someone and they sell it, I would be beaten on the person's door that I loaned it to in the first place. They knew better when they did it. |
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ms_michelle82
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Possession is 9/10th of the law. Then there is the burden of proof. Most likely, you would just sue the person who sold the property that wasn't theirs. |
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Reagan
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Yours |
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mike m
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Yours |
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playdoughâ„¢
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oh wow well they shouldn't have sold it so i would have to say you and the other person have to work out an agrement |
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Kerav
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It is still yours. Unfortunately, you will have to show proof that it originally belonged to you in order to get it back legally. Ever since someone sold some of my "borrowed" stuff, I have made a point to fill out the registration cards that come with stuff, or to try and document my ownership. Even a photo-log of tools or what-have-you can be of help when you need to show the police prrof of ownership. In one case (a camera that wasn't registered), I was able to identify it because of a sticker on the casing and a distinct scratch mark. |
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D. G
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Glad you asked because that's what I'm learning about with my real estate mentor right now. It's possible that a home owner can sign an agreement with you to take control of his property without taking ownership. I would just take control long enough to find another buyer and collect my fee for doing this. Nothing changes the ownership until a contract is signed and that won't happen until I find the buyer and he agrees to take possession of the property. There's more to it but that should give you an idea how it works |
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Glitter
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Oh goodness it is certainly yours. I hope that didn't happen to you. I've had that happen to me three times in my life, lost everything... Good luck in getting it back or finding a resolution that doesn't include excessive stress. I've had to learn that nothing is too important to get over unless it is irreplaceable like a family heirloom or something else of sentimental value. I would definitely never involve someone who did such a thing in my life again. |
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Donna L
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It's yours. If the person you lent whatever to disposes of it without your permission, they basically stole it. If they sell it, the buyer is guilty, knowingly or unknowingly, of receiving stolen property. |
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Terry M
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It would still belong to you - however proving that may be difficult.
Also the next thing one has to ask - How long did the borrower have the item it their possession - if it was for lets say a couple of years, then it may in-fact become their property - but only if they were unable to contact you.
Your big problem will be to find anyone who cares - if the item is valuable enough you may have to sue in small claims court - but once again remember can you prove anything - your word against theirs will not go very far.
If it is low value - consider it money well spent to find out that a supposed friend is an idiot and move on.
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Baby_Girl
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Its yours and your the who bought it if you wanted the people who bought it could be charged with receiving stolen property |
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JERRY JERRY JINGLE BERRY
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well if you willingly give it to the person, whether its just lending it or barrowing it, as long as they didnt steal it then they go and sell it, it is the persons who bought it(depending on what exactly it is) so if its something small u and ur friend have to work it out, if its something big it may legally still be urs |
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chatsplas
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Depends. As far as an innocent purchaser, it's theirs. Between you and the borrower, it's yours. |
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MY2CENTSCOUNT
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In my opinion the person who bought it would be the owner because even though it is your unless if you have some kind of written contract with that person that you lent it to it goes to the person who paid for it becuase by law you have no paper trail to prove it is in fact your's. But if somebody sold something I did lend them I would be so upset and they would have burned a bridge with my firendship thats not cool :( |
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Death
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no ones
no one deserves *property* |
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