Definition of Lost Property and Its Types

Question:
What is the definition of lost property, and what are its most prominent rulings?

Answer:
Lost property is lost wealth. This lost property is lost wealth, and it is, meaning, of two types: that which does not attract the attention of the average people, such as a date, a piece of bread, a short stick, or a short rope. A person takes it and benefits from it indefinitely without needing any procedures, because it has no value in the eyes of people. However, if it has value in the eyes of people, such as coins, clothes, or the like, then he must know its identifying marks, know the marks of this lost wealth, keep it with him, and call out for it for a full year in public gatherings, at the doors of mosques. He writes advertisements and posts them on nearby walls. If a year passes and no one comes forward to claim it after the description has been given, then it becomes his, and he may benefit from it. Yes.