How long does it take to get unclaimed property in Washington state? While we strive to complete the claim review and validation process as soon as possible, the process can take up to 90 days due to the volume of claims being received. Staff will contact you if any additional information or documents are needed.
What is Washington unclaimed property? Unclaimed property is money or intangible property owed to an individual or business. Property is considered unclaimed after it has been held for a period of time with no owner contact. It is then turned over to the state of Washington to safeguard until it is returned to the owner.
Is Washington unclaimed property Legitimate? Revenue administers Washington state’s Unclaimed Property program and works to return money and other tangible assets held by the state to its rightful owners. The program holds in excess of $1.4 billion in unclaimed funds, and last year returned $74 million to 175,510 individuals, businesses, and other organizations.
Can you claim abandoned property in Washington state? Unclaimed property laws are very specific in Washington. The power of the law protects your property until it can be returned to you. There is no time limit for filing a claim to receive it back. Owners or their heirs can file to regain property that was reported since 1955.