Unclaimed Property - FAQ
If I want to research the names of friends and family, do I have to purchase the list?
No. There is a free online tool to search for unclaimed property held by the State of Georgia. Please visit https://dor.georgia.gov/unclaimed-property-program to search for Unclaimed Property held by the State of Georgia. To search for Unclaimed Property with other states please visit www.unclaimed.org
Should I send money to a company to assist me in locating unclaimed property?
You do not need to. The State of Georgia provides a quick, easy, and free way for you to locate and collect your Unclaimed Property. Please visit https://dor.georgia.gov/unclaimed-property-program to search for Unclaimed Property held by the State of Georgia. To search for Unclaimed Property in other states please visit www.unclaimed.org.
Should I do business with an asset recovery service in order to claim my property?
Georgia citizens are often contacted by asset recovery services. It is not necessary for you to contract with this company to receive your property because these accounts will eventually be delivered to the State for safekeeping. The State of Georgia Unclaimed Property Program will hold and return this property to the owner upon request at no charge. It is a good practice to compile a list of any company with whom you may have property and inquire with them about its status.
How do I find out about unclaimed U.S. Savings Bonds?
The Department has filed court documents to receive Unclaimed U.S. Savings Bonds as a custodian for Georgia citizens. While the judicial process is ongoing, the Department suggests you visit the U.S. Treasury’s website at https://www.treasurydirect.gov/ to search for unclaimed U.S. Savings Bonds.
How does property become "unclaimed?"
Property becomes abandoned when an entity has held the property for an apparent owner and has not had any contact with the owner for a specific period time as set by statute. All private companies (including banks and insurance companies) as well as all Governmental Agencies have a duty to report abandoned property. Once the property is reported to the Unclaimed Property Program it becomes “unclaimed property”.
What if I believe I have unclaimed real estate?
The Unclaimed Property Program does not serve as custodian over real estate. You can call the tax commissioner in the county where the parcel is located to obtain information about land ownership.
Where can I find out information about Federal Housing Administration (FHA) loan information?
To obtain additional information regarding refunds on FHA loans, please call the Federal Information Center at 1-800-225-5342.
Are holders required to file negative reports?
Yes. Holders are required to file negative reports.
Are holders required to file information electronically?
Holders remitting 25 properties or more are required to file electronically. The State of Georgia has adopted the NAUPA standard for electronic filing. A free program to create the NAUPA files can be found at http://www.wagers.net/hrs/index.php.