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The Disposition of Unclaimed Property Act, O.C.G.A. Section 44-12-190 et. seq., (the "Act") protects the rights of owners of abandoned property and relieves those holding the property of the continuing responsibility to account for such property.
If unclaimed by owner or guardian after five years, the funds are considered abandoned.
Submit copies of the following documents: ? Picture ID (driver's license or identification card) or social security card ? If your name differs from how it appears on the Unclaimed Property Web Site, submit legal documentation supporting the name change (e.g. marriage certificate, adoption papers, divorce decree, etc.)
Georgia adverse possession laws require 20 years of occupation in order to claim title. Adverse possession laws are commonly referred to as "squatters' rights" laws, since they often are invoked by squatters who inhabit land or structures otherwise left unused.
Funds are maintained in the dormant account for five (5) years. Any unclaimed funds beyond five years are considered abandoned and should be remitted to the State Revenue Office.
If the owner doesn't take action for the property within a set amount of time, the holder of the property is required to turn it over to the state. The state protects the interests of the owners so they may be reunited with their property.
The state of Georgia maintains a database of this unclaimed property. It is completely free to search the database and to claim your property. All you need to begin is your name. Adding the city will narrow down your search results.
Under Georgia law,if a tenant has actually abandoned the property then you do not need to obtain a writ of possession. However,in order for a tenant actually to abandon the property,there must be both non-use as well as an intention to relinquish all rights to the property.