Common situations where property can become abandoned are when a person dies with no known heirs or next of kin, when a business is dissolved or when the property owner leaves a jurisdiction without leaving any contact information.
In the U.S. bona vacantia property is handled at the state level. Each state maintains its own unclaimed property office, where it is possible to search for bona vacantia property that may belong to you.
Investment dictionary. Academic. 2012.
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Bona vacantia — (Latin for vacant goods ) is a common law doctrine in the United Kingdom under which ownerless property passes by law to the Crown. It has largely replaced the doctrine of escheat, which had a similar effect in relation to feudal tenures. The… … Wikipedia
bona vacantia — bo·na va·can·tia / bō nə vā kan shē ə/ n pl [Latin, ownerless goods]: goods that are unclaimed and without an apparent owner it was trash, in the nature of bona vacantia, which the defendants had abandoned United States v. Calise, 217 F. Supp.… … Law dictionary
bona vacantia — /bowns vsksnsh(iy)s/ Vacant, unclaimed, or stray goods. Those things in which nobody claims a property, and which belonged, under the common law, to the finder, except in certain instances, when they were the property of the king. 1 Bl.Comm. 298… … Black's law dictionary
bona vacantia — /boh nah vah kahn tee ah/; Eng. /boh neuh veuh kan tee euh/, Law. property without an apparent owner or claimant. [1750 60; < L] * * * … Universalium
bona vacantia — noun (in English law) the principle that there is no unowned property, and that if there is no other owner property vests in the Crown … Wiktionary
bona vacantia — having no owners … English contemporary dictionary
bona vacantia — [ˌbəʊnə və kantɪə] noun Law (in the UK) goods without an apparent owner, to which the Crown may have right. Origin L., ownerless goods … English new terms dictionary
bona vacantia — Goods without an apparent owner. An example could be the possessions of a person with no living relatives who has died intestate. The Crown is entitled to any personal property without an apparent owner. The prerogative may also be extended to… … Accounting dictionary
bona vacantia — Goods without an apparent owner. An example could be the possessions of a person with no living relatives who has died intestate. The Crown is entitled to any personal property without an apparent owner. The prerogative may also be extended to… … Big dictionary of business and management
bona vacantia — pl. n. Law, unclaimed property, especially of a person who has died intestate … Dictionary of difficult words