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stolen property

Definition

Goods acquired by larceny, robbery, or theft. The thief or robber does not have a legal title to pass on to the buyer who buys them in good faith, and such goods may be recovered by their true owner. In some jurisdictions, however, if stolen goods are sold in an open market and bought for value and in good faith, they may not be recovered even if the thief or robber is convicted.


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