An object that has been in one place for a long time - is there an obligation to return a lost item?

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Question

I found an expensive item with a relatively clear sign (Bluetooth headphones with a very unique name). The item has been in a certain place for over half a year without anyone claiming it. Can it be assumed that the owner has despaired and it is permissible to use the item, or should I leave it until Elijah comes?

Answer

Hello,

You are exempt from the obligation to return the lost item.

Since it is certain that the owners have despaired of it.

Source

Bava Metzia 26.

Shulchan Aruch, Choshen Mishpat, Siman 260, סעיף 1

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