Unclaimed Property Reporting
What is a Holder?
A holder is an entity/individual in possession of property belonging to another entity or individual.
- Mortgage and Title Companies
- Insurance Companies
- Oil and Gas Companies
- Securities Brokers
- Utility Providers
- Local Government Entities
- Institutions of Higher Education
How Does the Reporting Process Work?
- Holders are required to review their records by March 1.
Most property is considered abandoned three years after the last successful contact with the owner. See Reporting Details for exceptions and more information.
- Holders have until May 1 to perform due diligence for property valued at $250 or more. See Reporting Details for more about due diligence.
- July 1 is the deadline for reporting property abandoned as of March 1 of the current year. Learn more about filing a report.
- The abandoned property is remitted to the Comptroller's office.
- Holders must retain records of unclaimed property for 10 years after the property has been reported.
Deadlines may vary.
With the exception of state depositories, holders do not file a report if there is no abandoned property to send.
What Types of Property Should be Reported?
Unclaimed property can be:
View the complete list of property types and their codes.