West Virginia Contract to Locate Unclaimed Assets is an agreement entered into by individuals or companies with the purpose of assisting individuals in locating and recovering their unclaimed assets within the state of West Virginia. Unclaimed assets refer to financial property that has been abandoned by its owner and is held by the state until claimed. The primary goal of a West Virginia Contract to Locate Unclaimed Assets is to provide a professional and efficient service to reconnect rightful owners with their abandoned assets. Through this contract, the individual or company acting as the asset locator agrees to search databases and conduct investigations to locate potential unclaimed assets on behalf of the owner. There are various types of West Virginia Contract to Locate Unclaimed Assets that may exist, including: 1. Individual Contract to Locate Unclaimed Assets: This type of contract is typically entered into between an individual asset owner and an asset locator. It allows the asset owner to designate the asset locator as their authorized representative for the purpose of conducting asset searches and filing claims. 2. Business Contract to Locate Unclaimed Assets: Businesses may also engage asset locators to help identify and recover unclaimed assets. This type of contract enables businesses to efficiently recover their abandoned financial property, such as unwashed checks or forgotten bank accounts. 3. Estate Contract to Locate Unclaimed Assets: When someone passes away, their unclaimed assets may remain undiscovered by their heirs or estate administrators. An estate contract to locate unclaimed assets allows estate representatives or heirs to hire asset locators to track down and recover any unclaimed assets rightfully belonging to the deceased individual's estate. 4. Government Contract to Locate Unclaimed Assets: Government entities, including municipalities and state agencies, may contract asset locators to handle the identification and recovery of unclaimed assets within their jurisdiction. These contracts typically involve a larger scale search for unclaimed assets on behalf of the government. In summary, a West Virginia Contract to Locate Unclaimed Assets provides a legally binding agreement between asset owners and asset locators to facilitate the search, identification, and recovery of abandoned financial property in the state of West Virginia. By engaging in such a contract, individuals and businesses can increase their chances of reclaiming their unclaimed assets, while asset locators can provide their specialized services in locating and facilitating the recovery process.