Unclaimed property consists of money and other personal assets that are considered lost or abandoned when an owner cannot be located after a specified period of time. This includes checking accounts, certificates of deposit, customer deposits and over-payments, gift certificates, paid-up life insurance policies, unpaid wages, commissions, uncashed checks, death benefits, dividends, insurance payments, money orders, refunds, savings accounts, stocks, and proceeds of safe deposit box auctions.
No, real estate is not considered unclaimed property.
Generally, most property is presumed abandoned if it has been inactive for three years. Wages become unclaimed after one year.
All funds received by the Unclaimed Property Unit are deposited into the District's General Fund. Although the money belongs to the owners, who may claim it at any time, the funds may be used in the interim to help defray the District's operating costs.
Fill out the inquiry form and we will send you a claim form. You then must complete the claim form and include the documentation requested. Your claim will be processed in the order it was received.
No. You can make a claim any time. Unclaimed property is kept in custodial capacity until the rightful owner or heir can be found.
No. A growing interest in unclaimed property has created an industry of 'property finders' who charge for their services. However, the District provides this service free of charge.