Indiana Notice of Sale of Abandoned or Unclaimed Personal Property at Public Auction - Abandonment

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Description

Abandonment is the act of intentionally relinquishing, without reservation, a known right without reference to any particular person or purpose. In some jurisdictions, carriers, innkeepers and other designated parties are authorized by statute to sell abandoned or unclaimed freight, baggage or other personal property under specified conditions. These statutes generally require that the property remain unclaimed for a designated period and that notice of the sale be given.


A notice of sale of abandoned property must be given in strict compliance with the terms of the governing statute. Notice of a public sale of unclaimed or abandoned property is typically required to be published in a newspaper of general circulation in the county where the sale is to be held.


Most states have enacted legislation providing for the escheat of abandoned and unclaimed property, or giving custody of such property to the state. These statutes generally set forth procedures, whereby the owner may file a claim and obtain restoration of the property within a designated period of time.

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FAQ

In Indiana, abandonment must last for at least six months immediately preceding the filing of a petition for adoption. If a parent were to leave their child unattended for a weekend, or even a few months, that would not be considered abandonment.

(a) A landlord has no liability for loss or damage to a tenant's personal property if the tenant's personal property has been abandoned by the tenant.

Written Notice Required to Modify Rental Agreement. Sec. 4. Unless otherwise provided by a written rental agreement between a landlord and tenant, a landlord shall give the tenant at least thirty (30) days written notice before modifying the rental agreement.

In addition to the website, you also may contact the. Unclaimed Property Division at 1-866-462-5246 or. updmail@atg.in.gov.

The Indiana Code states that ?a tenant's personal property is considered abandoned if a reasonable person would conclude that the tenant has vacated the premises and has surrendered possession of the personal property.? Courts will look at many factors to determine abandonment, but the biggest factors are: beds, ...

Indiana Unclaimed Property Dormancy Periods Some common property types are as follows: Wages, Payroll, Salary (1 year), Accounts Payable (3 years), Refunds (3 years). More information from the state of Indiana on unclaimed property reporting can be found here.

Move out process In the state of Indiana, landlords have to get a court order before disposing of or moving any belongings left behind by the tenant. They can place them in a storage unit or warehouse. Then, they must inform the tenant to retrieve their belongings within 90 days and pay for the cost of storage.

If a person shall abandon his or her spouse without just cause, he or she shall take no part of his or her estate or trust. (Formerly: Acts 1953, c. 112, s.

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Indiana Notice of Sale of Abandoned or Unclaimed Personal Property at Public Auction - Abandonment