Legal Definitions
Legal Definitions » F » Forfeitures Law & Legal Definition

Forfeitures Law & Legal Definition

Related to Forfeitures

Forfeiture is the legal process by which the ownership of property, such as houses, cars, airplanes, cash, bank accounts, etc. is forcibly transferred from its owner to the government. The rationale behind such a transfer is that the property, rather than the owner, has done something wrong or been used for wrongful purposes.

Forfeiture is commonly used as a weapon in the war against illegal drugs. As part of the Comprehensive Drug Abuse Prevention and Control Act of 1970, Congress strengthened civil forfeiture as a means of confiscating illegal substances and the means by which they are manufactured and distributed. In 1978 Congress amended the act to authorize the seizure and forfeiture of the proceeds of illegal drug transactions as well. The statute provides for the forfeiture of "all moneys, negotiable instruments, securities, or other things of value furnished or intended to be furnished by any person in exchange for a controlled substance [as well as] all proceeds traceable to such an exchange."






Get a Term Defined



Read a Law Digest

  • Need to read the law or find an answer to a legal question? Visit our Law Digest for the largest selection of law digests and answers available.
    Go to Law Digest

Form Packages


Forfeitures Legal Forms

Legal Life

Form Drafting

  • Can′t find the form you need, or need a form we offer revised for your situation? Submit your request and our attorneys will review the request and let you know if the form can be provided.
    Submit a drafting request...
Legal Forms Home

Copyright 1996-2009 USLegal, Inc. - All Rights Reserved.