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“Abandonment” in Alabama is a question of intention and must be evaluated on a case-by-case basis. “To abandon real property there must be a concurrence of the act of leaving the premises vacant and unoccupied with the intention of not returning.” Wilkinson v. United States, 177 F. Supp.

We make every effort to process each claim received as quickly as possible. On average, the process usually takes 6 to 8 weeks.

Alabama Dormancy Periods Most property types in Alabama have a dormancy period of three years. Accounts are considered dormant if the owner of a property has not indicated any interest in the property or if no contact has been made for the allotted dormancy period for that property.

Florida Dormancy Periods Generally, most property types have a five-year dormancy period. Accounts are considered dormant if the property owner has not indicated any interest in the property, or if no contact has been made by the owner for the allotted dormancy period for that property.

Property is considered unclaimed when the owner has failed to acknowledge the existence of or claim an asset for a set period. For the State of Iowa, this dormancy period is generally three years (see Exhibit I).

?Abandonment? in Alabama is a question of intention and must be evaluated on a case-by-case basis. ?To abandon real property there must be a concurrence of the act of leaving the premises vacant and unoccupied with the intention of not returning.? Wilkinson v. United States, 177 F. Supp.

Each year, unclaimed or abandoned assets--cash, stocks, bonds, insurance benefits, and safe deposit box valuables--are turned over to Alabama Unclaimed Property. Alabama Treasury serves as custodian of these assets and makes every effort to return them to the rightful owner or their heirs.

Each year, unclaimed or abandoned assets--cash, stocks, bonds, insurance benefits, and safe deposit box valuables--are turned over to Alabama Unclaimed Property.

(d) If a tenant leaves property in the unit more than 14 days after termination pursuant to this chapter, the landlord has no duty to store or protect the tenant's property in the unit and may dispose of it without obligation.