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Unclaimed property laws are very specific in Washington. The power of the law protects your property until it can be returned to you. There is no time limit for filing a claim to receive it back. Owners or their heirs can file to regain property that was reported since 1955.
Contact the Office of Finance and Treasury's Unclaimed Property Unit by phone at (202) 442-8181 or using the online inquiry form and establish probable ownership of the property. The Unclaimed Property Unit will mail you a claim form. Complete and sign the claim form.
§ 41-101. The District of Columbia currently lacks statutory authority to act as custodian for substantial sums of abandoned personal property within its jurisdiction.
All claims are generally processed and paid within 30 days of receipt of all requested evidence. Some claims involving minerals/royalties, stock, inheritance, or other complex issues may take longer. NOTE: For security purposes, appointments are required.
The purpose of unclaimed property is to protect the property rights of the owner and reunite lost owners with their property. Unclaimed property also relieves holders from the property liability and protects holders from subsequent claims by the owner.
Generally, most property is presumed abandoned if it has been inactive for three years. Wages become unclaimed after one year.
The District of Columbia's ?Uniform Disposition of Unclaimed Property Act of 1980,? as amended, requires every business entity to review its records to determine whether they hold any funds, securities or other property presumed abandoned under the Act, and file an annual report with the Office of Finance and Treasury, ...
District of Columbia Unclaimed Property Negative Reports Negative reports refer to reports that need to be filed when there is no unclaimed property to report or remit to the state for the year. Negative reports are required if your company is domiciled in the District of Columbia.