Scams of unclaimed properties are becoming more and more familiar day by day. Many Organizations are formed in the market of Florida that assures to recover the unclaimed properties of the real owners. Many such scams are sent by mails to every consumer through the Bulk Mail system. So, such mails should not be trusted. But, here the question is about Florida Treasure Hunt which is really not a scam and governed under the monitoring of Department of Financial Services at Florida. The untaken properties of Florida valuing more than $1 billion are maintained by the Chief Financial Officer.
The unclaimed property accounts of Florida that are in the custody of Department of Financial Services includes money, assets like watches, coins, jewelry, stamps, historical items and currency as well as securities and bonds. All the unclaimed properties are stored at state school fund where those properties are used for educating common public. Many other Scam Organizations that perform the work similar to Florida Treasure Hunt charge for finding the lost properties while this organization does not charge for the service. The time frame of 3 to 5 years is considered for the unclaimed property.
Many rules have been set by Florida Treasure Hunt that can be trusted as legitimate campaign by Florida Government. Florida Bureau has proved itself to be the trustworthy organization by refunding the Unclaimed Property to the claimants since it has been found. Unclaimed utility deposits, jewelry, stamps, insurance benefits, premium refunds, financial institutions, unused checks, lost watches, coins and other chronological objects from discarded safe deposit boxes are treasures of the citizens. The main aim of organizing such treasure hunt is to deliver the respective item to the original owner.
Other category of untaken property includes deposit box items, interest payments, deactivated retirement accounts, insurance policies and saving accounts which are also returned back to the owners on claiming their property. Now, question arises that ‘Is every person eligible to claim the property?’ The original and legal owner can claim his or her property with the proofs of the ownership. On behalf of the original owner, the nominated person or the registered third person can claim the property by submitting the authorized documents on the name of the corresponding ownership.
How to recognize the unspoken property in Florida?
Anyone who had received the claim form from the Florida Treasure Hunt should not worry as it is not a scam. The receiver of the form should fill the form and submit all the required documents without escaping any. Those who feel that they have some unclaimed property in Florida can search for the same on the official website of Florida Treasure Hunt managed by Department of Financial Services at Florida. Those who find the property successfully are supposed to follow the further instructions to claim for the same. The procedure to find the lost property at Florida is simply entering the details in search criteria. To get more information, one can login to www.fltreasurehunt.org or www.myfloridacfo.com.
The other methods of identifying the property is contacting Florida Department of Financial Services, Bureau of Unclaimed Property directly either by calling at (850) 413-5555 or (888) 258-2253. Secondly, claimant can mail the letter to Post Office Box 8599, Tallahassee, FL 32314-8599.
How much it takes to find the claimed property?
Claims for the property are ultimately found within 90 days of recognition by organization. Claimants should remember that the property is found within the given time period only if all the required documents are provided perfectly by them. Lastly, one can trust the organization as it is governed by the Department of Financial Services under the headquarters of Florida and it has no connection with any scam like an Australian lottery or Nigerian scam. One can have satisfaction by collecting all the information about the Organization by calling them straight away.