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Technically, the owner hasn't "abandoned" the property unless you can "prove" he or she intended to abandon it. Failure to reply to letters sent to last known address may not be enough, depending upon how valuable the property is.

You could file a complaint for disposition of abandoned property in the local court, and they will instruct you whether you need to hire a private investigator, or post notice in public places, or publish ads in various newspapers, or simply take the stuff.

This raises the question of who is (or will become) the rightful owner of abandoned property in your state? It may go to charity, unless you can (again) "prove" it was intended to be a gift to you personally. It may belong to the person's heirs at law, if they passed away and forgot to mention it to you. If it falls into a monetary category (stocks, gift cards, kruegerrands, etc), then the state may require you to place it into the custody of the state treasurer until the rightful owner can be determined.

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