If you purchase an item from a pawn shop and it is stolen and is taken by police, does the pawn shop have to refund your money?
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If you purchase an item from a pawn shop and it is stolen and is taken by police, does the pawn shop have to refund your money?
Asked on March 20, 2012 under General Practice, Texas
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
Yes, if one purchases an item at a pawn shop and the item purchased turns out to be stolen, the pawn shop is required to refund the consumer his or her money paid for the item. The rationale is that the pawn shop when it sold the item to the consumer warranted that the item was not stolen and it had the right to sell it.
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