A freak property is a type of property that is abandoned and its owner cannot be located. The regulations of each country establish who each property belongs to based on certain circumstances.
On occasions, goods are usually abandoned, since they do not provide a utility to whoever owns them. Well, this type of property, whether movable or immovable, that is abandoned or that is directly impossible to locate its owner, are known as mongrel property.
Before continuing with the definition of well shown, you have to know the concept of well. A good is a material element that has the objective of satisfying some need. Most goods can be purchased on the market for a fee or other consideration.
We are surrounded by goods such as clothing, a car, a house or a mobile phone, among many others. With the passage of time, these assets may no longer satisfy a need or their owner may no longer be interested in owning them.
It should also be noted that, if we are faced with an abandoned property with no known owner, this type of property is known as vacant property.
Regulation of monstrous assets
Given the situation of the existence of monstrous goods in the different countries of the planet, the different States have elaborated a regulation to determine to whom each good belongs.
In the case of Spain, the first regulation that regulated the mostrencos goods was approved in the year 1835. Subsequently, it has been updated and establishes that in the majority of cases to which the mostrencos goods are associated, these goods will pass to be owned by the state.
We find three types of goods that can be considered as mongrel goods:
- The rejected inheritances. Inheritances may be associated with debts or expenses that are not affordable for the heir, for this reason they are rejected. In this case, the inheritance becomes the property of the State.
- Abandoned real estate. Those buildings that have not been inherited by anyone and are abandoned, will also be property of the State.
- Deposits. Sometimes the heirs do not claim the deposits they have inherited and are unemployed. Under this circumstance, and after 20 years have elapsed without touching those deposits, they will become the property of the State.
We remember that these situations are for the case of Spain. Each country has a different regulation regarding this type of goods, although they tend to coincide in many things.
Examples of well shown
After the explanation of the concept in this article, surely you can get an idea of what goods can be considered monstrosities. Here are some of the most common:
- Treasures. In this case, there is usually a regulation that sets the guidelines to follow if someone finds a treasure.
- Forest animals that can be hunted.
In conclusion, a mostrenco good is one that does not have an owner or cannot be located. Although it is true, for a good to be considered a mostrenco good, enough time must pass.