Pittsburgh Pennsylvania Agreement to Attempt to Locate Unclaimed Property of Client

State:
Multi-State
City:
Pittsburgh
Control #:
US-03427BG
Format:
Word; 
Rich Text
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Description

A finder's fee is a fee paid to someone who acts as an intermediary for another party in a transaction. Finder's fees may be offered in a variety of situations. For example, an employer may pay a finder's fee to a recruitment agency upon hiring a new employee referred by that agency. A finder's fee may be paid regardless of whether a transaction is ultimately consummated.


In a real estate context, a finder's fee may be paid for locating property, obtaining mortgage financing or referring sellers or buyers. A finders fee is money paid to a person for finding someone interested in selling or buying property. To conduct any negotiations of sale terms, the finder may be required to be a licensed broker or he violates the law. However, state laws, which vary by state, may also provide an exemption for certain individuals, allowing them to be compensated without the necessity of licensure. For example, one state's law allows an exemption for either a property management firm or an owner of an apartment complex to playa finders fee or referral of up to $50 to a current tenant for referring a new tenant. The fee can be in the form of cash, a rental reduction or some other thing of value. The party claiming compensation under this exemption is not allowed to advertise for prospective tenants.


Because they aren't technically held by the state, real estate created overages aren't subject to those finder fee limits. In fact, they're usually not subject to any limits at all (within reason... charge 95%, and you may be asking for a lawsuit). 30-50% is standard for those who specialize in collecting those funds.


These are the funds that are created when more is bid at auction for tax foreclosure and mortgage foreclosure properties. Those overages are more often than not due back to the former owners. Unfortunately for them, most don't realize this, and walk away from their financial mess without realizing they may have a small windfall awaiting them. Then, if they don't figure it out in time, they lose it to the agency holding the funds.

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FAQ

It's THE Sports City ? Aptly named the City of Champions, Pittsburgh is home to three widely-known professional sports teams ? the Steelers, Penguins and Pirates ? each with its own dynamic history of world championships, incredible moments and hall of fame players.

First settled in the mid-18th century, Pittsburgh has a wealth of historical sights, from historic forts to exquisitely decorated churches. Its prominent industrial history has left it with elegant beaux-arts buildings, soaring skyscrapers, and 446 bridges, as well as the nickname "Steel City".

Easily navigable waterways with an abundance of natural resources, (coal, timber, natural gas, iron and limestone) helped Pittsburgh become the industrial center for a growing nation. Most people recognize one thing about Pittsburgh's history, that it was known as an industrial hub for coal mining and steel production.

Pittsburgh is a hub for technology, manufacturing, life sciences & health and education.

Pittsburgh is a convenient, affordable place to live and work?with a cost of living 7% lower than the national average, a reasonable median home price of $259,900, and median monthly rent of $1,427. The city also has a range of top-notch companies in the education, technology, healthcare, and steel industries.

Heinz Ketchup This iconic, world-renowned condiment was created in Pittsburgh in 1857. Heinz ramped up production of the tomato ketchup during the 20th century. As of today, the ketchup is no longer produced in the city, but it is still a popular condiment at local restaurants and residents' homes.

Pittsburgh is known for its Steel City Legacy, which pays homage to its rich history as a major steel-producing city. The steel industry played a significant role in shaping the city's identity and continues to be celebrated through various cultural and historical landmarks. What is Pittsburgh, PA Known For? 10 Things to Love About This City redfin.com ? blog ? what-is-pittsburgh-pa-k... redfin.com ? blog ? what-is-pittsburgh-pa-k...

The Commonwealth of Pennsylvania The Commonwealth of Pennsylvania is the sixth largest populated state in the United States. Pittsburgh is the second largest city in Pennsylvania and has an estimated of 310,000 people. About the City of Pittsburgh | pittsburghpa.gov pittsburghpa.gov ? pittsburgh ? pgh-about pittsburghpa.gov ? pittsburgh ? pgh-about

Race and Ethnicity In 2021, there were 2.81 times more White (Non-Hispanic) residents (193k people) in Pittsburgh, PA than any other race or ethnicity. There were 68.8k Black or African American (Non-Hispanic) and 16.8k Asian (Non-Hispanic) residents, the second and third most common ethnic groups.

Pittsburgh is known as "the Steel City" for its dominant role in the history of the U.S. steel industry. For part of the 20th century, Pittsburgh was behind only New York City and Chicago in corporate headquarters employment; it had the most U.S. stockholders per capita.

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Pittsburgh Pennsylvania Agreement to Attempt to Locate Unclaimed Property of Client