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Virginia Letter from Landlord to Tenant as Notice of Abandoned...

Unclaimed Property For Virginia

Category:

Landlord Tenant - Notices and Letters - Abandonments

State:

Virginia

Control #:

VA-817LT

Format:

Instant download

Description

This is an official notice from the Landlord to the Tenant. This Notice to Tenant sets out specific directions to either retrieve items of personal property left behind by tenant, or have items be confiscated by landlord. This form conforms to applicable state statutory law.

Abandoned property is property left behind intentionally and permanently, often by a tenant, when it appears that the former owner or tenant has no intent to reclaim or use it. Examples may include possessions left in a house after the tenant has moved out or autos left beside a road for a long period of time.

Abandoned personal property is that to which the owner has voluntarily relinquished all right, title, claim and possession, with the intention of terminating his ownership, but without vesting ownership in any other person, and without the intention of reclaiming any future rights therein, such as reclaiming future possession or resuming ownership, possession, or enjoyment of the property.

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FAQ

If you are unable to access the internet, you may request an Inquiry Form by calling 1-800-468-1088 and choose option 1. If you find it necessary to visit the Division of Unclaimed Property, we require an appointment due to building security and other concerns. To schedule an appointment call 1-800-468-1088.

§ 55.1-2518. All intangible property held for the owner by any state or federal court that has remained unclaimed by the owner for more than one year after it became payable is presumed abandoned.

Virginia law requires businesses turn over unclaimed property to the state, which is then managed by the Virginia Department of the Treasury Unclaimed Property Division. It holds on to the unclaimed property until the rightful owner or heir files a claim.

If any items of personal property are left in the dwelling unit, the premises, or any storage area provided by the landlord after the rental agreement has terminated and delivery of possession has occurred, the landlord may consider such property to be abandoned.

Funds held or owing under any life or endowment insurance policy or annuity contract that has matured or terminated are presumed abandoned if unclaimed for more than five years after the funds became due and payable as established from the records of the insurance company holding or owing the funds, except that ...