 Adverse possession Acquire possession by use w/o timely objection of rightful owner  Clears the clouds from title  Moves property to more productive uses  Provides incentives for owners to monitor property  Estray statutes Procedures to establish ownership of lost property  Discourages theft by eliminating I found it excuse  Encourages finders to disseminate information  Provides incentives for owners to monitor property How do you lose property rights over something
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