Unclaimed Property

Unclaimed Property

The City of Ocala adheres to the State of Florida Governing Statute – Chapter 717 for Unclaimed Property.

Unclaimed Property is a financial asset that has been left inactive, unclaimed or abandoned by its owner; most often consisting of uncashed checks.  These unclaimed assets are held by the reporting entity (City of Ocala) for a set period of time, vendor checks are held for five years and payroll checks are held for a year.  If the holder is unable to locate and re-establish contact with the owner, the asset is reported and remitted to the Florida Department of Financial Services, Bureau of Unclaimed Property. 

The Bureau keeps record of all information provided by the holder, including the owner name, last known address, Social Security number, dollar amount and any beneficiaries or joint owners.  There is no statute of limitations on unclaimed property in Florida.  Account owners or their heirs, can claim their funds indefinitely, free of charge. 

The official website, www.FLTreasureHunt.gov, includes a searchable, interactive database that provides convenient 24-hour access to individual or business accounts.  Search parameters include name(s) and last known city.  If an account is located, a claim form and instructions for filing a claim can be generated immediately.

The State's toll free telephone number is 1-888-258-2253. International callers can dial 1-850-413-5555.