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It's 90 days for PayPal. After that the transaction can't be reversed or challenged.
That said, it's 6 years (from memory) before property becomes yours legally and you are allowed to disposal/sell. Unless you're in Scotland then it's a lot less.Had this scenario with a bike that I sold. Buyer paid £1300 via PayPal then didn't collect for 6 months.
In the end I mailed the buyer and said it'd be X for storage and would be backdated. It'd be mine by the end of that month by off setting storage charges against price paid and I'd be free to do as I wished. Suddenly he turned up - I'd moved house and county between so he got a suprise when he had to travel 100+ miles to collect!
I sold an item on ebay about 3 months ago as collection only - got paid but never collected.
I've contacted the 'buyer' 3 times but apart from "apologies I'm so busy at the moment" the thing is still sitting here and I need the space .
Whats the next step ?