Property I


A rightful possession of an object by someone who is not the true owner.

Carries the right to possess and exclude, but not use or transfer.


  1. Delivery without the transfer of ownership
  2. Implied or express acceptance
  3. An implied or express agreement that the goods be returned
    • Element that differentiates from gift.

Carries the duty to:

  1. Care
    • Standard of care is that of a reasonably prudent person under the same or similar circumstances.
    • Paying raises the standard of care or a reasonably prudent person. Depends on the benefits and burdens
  2. Redelivery
    • Strict liability

Can be voluntary (taking care of a friend's dog) or involuntary (finding lost or mislaid property).