Friday, December 14, 2007
To me, in this situation, Finders Keepers laws really aren't relevant. The money found in the wall, in my opinion, is the property of the homeowner, who purchased it along with the home from the previous homeowner, and so on, back to the person who originally hid the money in the walls.
I went to do some reading on Finders Keepers laws. This article on a Jewish Law website raises some interesting points. The second-to-last section, titled Unstated Premise, says that in a standard contract, it is assumed that a contractor cannot simply walk away with what he finds. The contract is only to perform a certain labor for a specified amount of work. I would agree with this point, but perhaps in the future everyone should be specifying this when they hire contractors!
Compared with the totality of knowledge which is continually utilized in the evolution of a dynamic civilization, the difference between the knowledge that the wisest and that which the most ignorant individual can deliberately employ is comparatively insignificant. ~Fredrich Hayek in The Constitution of Liberty