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Finders (Ohio Unclaimed Property)
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Ohio Unclaimed Property Finder Information
A property must be in the Division's custody for 24 months before a Finder can charge a fee for assisting the claimant AND the Finder must have a valid contract pre-approved by the Division.
A Finder may not charge more than 10 percent of the total amount claimed AFTER the 5 percent administrative fee has been subtracted.
In order for a contract to be valid, it must be in writing and signed by both the Finder and the owner of the funds. The owner's signature must be notarized. The contract must also contain the following information:
- Division of Unclaimed Funds
- 77 South High Street, 20th Floor,
- Columbus, Ohio 43215-6108
The contract then must be submitted to the Division for pre-approval and issuance of a claim form.
Safe deposit box contents which consist of entirely non-cash items have no identifiable value, and hence, a finder agreement is not valid.
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Added: Tue Aug 01 2006
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