Federal law allows law enforcement agencies and prosecutors to seize property, including money, from people convicted of certain federal crimes, such as drug trafficking, money laundering, and organized crime. The seizure is known as “forfeiture,” and it’s done without compensation to the owner.
If the prosecutor or police have evidence that you knew your home was purchased with money earned from drug sales, or that you knew that drug deals were taking place in your home and did nothing to try and stop them, you could lose your house.
If the prosecutor has evidence that you knew that illegal activity was taking place in your home and did not try to stop it, you could lose your house. It is unlikely that you would lose your house merely because your child was arrested for using marijuana there.
Question I usually carry a lot of cash. If I am pulled over for speeding and have a large amount of money in my wallet, can the government keep it? Answer If you’re arrested, all of your belongings will be inventoried at the jail. But whether you’ll get everything back is the question.