Q: What is unclaimed property?
A: Unclaimed property is a financial asset that has been left inactive. Some common types of property are dormant bank accounts, uncashed checks, deposits and refunds.
Q: What are our responsibilities?
A: On a yearly basis, the Clerk of the Circuit Court's Financial Services Department remits unclaimed property to the Department of Financial Services, Bureau of Unclaimed Property. Any property held by governmental agencies is presumed unclaimed after one year.
Q: Why does it go to the State?
A: Chapter 717, FS requires financial institutions and other entities to report property they are holding that is considered unclaimed or abandoned. The property must have been inactive for a set period of time, usually between one and five years. These reports are filed annually, prior to May 1st, covering the previous calendar year.
Q: How can a claim be made?
A: Unclaimed property searches and claim forms can be found on the Florida Department of Financial Services website at www.FLTreasureHunt.org. Their toll free number is 1-888-258-2253. There is no statute of limitations on unclaimed property in Florida. There is no cost when the money is claimed directly with the Florida Department of Financial Services.