Pennsylvania Contract to Locate Unclaimed Assets

• Category: Contracts - Unclaimed Assets
• State: Multi-State
• Control #: US-00700BG
• Format: Word; Rich Text

Description

This form is a sample of an agreement to locate unclaimed assets and/or property owned by others that do not know of such property. Examples of such property would be overbid funds from property that has been sold or is about to go to sale by public officials for back taxes that are due, as well as unclaimed property from a decedent's estate. Pennsylvania Contract to Locate Unclaimed Assets is a legal agreement that is designed to help individuals or businesses in Pennsylvania recover their unclaimed assets. These assets can include forgotten bank accounts, unwashed checks, utility deposits, insurance policies, stocks, and bonds, among others. This contract is often entered into between the owner of the unclaimed assets (referred to as the principal) and a professional asset locator, commonly known as a finder or heir hunter. The purpose of the Pennsylvania Contract to Locate Unclaimed Assets is to authorize the finder to conduct a diligent search and investigation in order to locate and recover the unclaimed assets on behalf of the principal. The contract outlines the scope of the search, the compensation terms for the finder, and any other specific conditions or requirements for the asset recovery process. There are different types of Pennsylvania Contracts to Locate Unclaimed Assets, depending on the nature and extent of the unclaimed assets being sought. Some common types include: 1. Individual Unclaimed Assets: This type of contract is used when an individual needs assistance in locating and recovering their personal unclaimed assets. It could involve forgotten bank accounts, unwashed checks, or any other financial assets that the individual may have lost track of overtime. 2. Business Unclaimed Assets: This contract is specifically tailored for businesses operating in Pennsylvania. It allows the finder to search for and recover unclaimed assets that may belong to the business, such as corporate bank accounts, unwashed business checks, or lost stocks and bonds. 3. Estate Unclaimed Assets: In cases where an individual has passed away and their assets remain unclaimed by their heirs or beneficiaries, an estate unclaimed assets contract can be used. This empowers the finder to locate and recover the assets on behalf of the deceased individual's estate or legal representatives. 4. Government Unclaimed Assets: Pennsylvania also has contracts to locate unclaimed assets that are owned by the government. These assets could include unclaimed tax refunds, dormant escrow accounts, or any other unclaimed funds owed to the state or local government. It is important to note that the Pennsylvania Contract to Locate Unclaimed Assets should comply with any relevant state laws, regulations, and licensing requirements governing the practice of asset locators or finders.

Pennsylvania Contract to Locate Unclaimed Assets is a legal agreement that is designed to help individuals or businesses in Pennsylvania recover their unclaimed assets. These assets can include forgotten bank accounts, unwashed checks, utility deposits, insurance policies, stocks, and bonds, among others. This contract is often entered into between the owner of the unclaimed assets (referred to as the principal) and a professional asset locator, commonly known as a finder or heir hunter. The purpose of the Pennsylvania Contract to Locate Unclaimed Assets is to authorize the finder to conduct a diligent search and investigation in order to locate and recover the unclaimed assets on behalf of the principal. The contract outlines the scope of the search, the compensation terms for the finder, and any other specific conditions or requirements for the asset recovery process. There are different types of Pennsylvania Contracts to Locate Unclaimed Assets, depending on the nature and extent of the unclaimed assets being sought. Some common types include: 1. Individual Unclaimed Assets: This type of contract is used when an individual needs assistance in locating and recovering their personal unclaimed assets. It could involve forgotten bank accounts, unwashed checks, or any other financial assets that the individual may have lost track of overtime. 2. Business Unclaimed Assets: This contract is specifically tailored for businesses operating in Pennsylvania. It allows the finder to search for and recover unclaimed assets that may belong to the business, such as corporate bank accounts, unwashed business checks, or lost stocks and bonds. 3. Estate Unclaimed Assets: In cases where an individual has passed away and their assets remain unclaimed by their heirs or beneficiaries, an estate unclaimed assets contract can be used. This empowers the finder to locate and recover the assets on behalf of the deceased individual's estate or legal representatives. 4. Government Unclaimed Assets: Pennsylvania also has contracts to locate unclaimed assets that are owned by the government. These assets could include unclaimed tax refunds, dormant escrow accounts, or any other unclaimed funds owed to the state or local government. It is important to note that the Pennsylvania Contract to Locate Unclaimed Assets should comply with any relevant state laws, regulations, and licensing requirements governing the practice of asset locators or finders.