What is the threshold for theft to be considered fourth-degree theft?

To determine the threshold for theft to be classified as fourth-degree theft, the focus is on the value of the property involved in the theft. Fourth-degree theft typically pertains to situations where the property in question has a value that does not exceed a specific limit. In many jurisdictions, this threshold is commonly set at an amount under $500. This means that if an individual unlawfully takes property valued at less than $500, the offense would generally be categorized as fourth-degree theft.

This classification is significant because it influences the legal repercussions faced by the offender, including potential charges, penalties, and severity of the crime. Higher degrees of theft involve larger dollar amounts or more significant crimes, such as taking a vehicle or property with greater value, which would fall into higher classifications such as third-degree theft or greater.

Understanding this threshold aids in distinguishing between different levels of theft and is crucial for both legal professionals and individuals engaging with the legal system, ensuring that incidents are classified correctly based on their specifics.