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When reported to the Department, abandoned property is available for refund to the owner or legal claimant indefinitely. Washington State law requires businesses and other organizations to review their records each year to determine whether they hold any property that has been unclaimed for a set period of time.
350 as amended 2010 1) It is unlawful for any person to seek or receive from any person or contract with any person for any fee or compensation for locating or purporting to locate any property which he knows has been reported or paid or delivered to the department of revenue pursuant to this chapter, or funds held by ...
(1) The found property shall be released to the finder and become the property of the finder sixty days after the find was reported to the appropriate officer or designee if no owner has been found, or sixty days after the final disposition of any judicial or other official proceeding involving the property, whichever ...
Washington property law is broader than ?ownership rights and interest.? Ownership rights include: the right to ?possess? property (i.e., the right to exclude others from using or occupying property) and the right to peaceful enjoyment of property.
The finder who knows the owner or has reasonable means of discovering the owner's identity commits larceny if she holds on to the object with the intent that it be hers. This rule applies only if the finder actually takes the object into her possession.
Go to ucp.dor.wa.gov click File your Unclaimed Property Report, then click Submit under Electronic reporting. To log in, use your SecureAccess Washington (SAW) User ID and password. Select 'File your report(s)' and click Next.
When is property considered abandoned? Most property is presumed abandoned after three years.