What is an heir finder/asset locator?
Heir finders and asset locators help reunite owners with their property for a
fee. Consumer protection agencies advise that legitimate businesses do not
expect payment until the property is returned to the owner. Be
suspicious of anyone who tries to charge a fee before you receive your
property, or tries to charge a fee other than a percentage of the money to be
returned to you. No one may charge a fee greater than five
percent for property reported to the state of Washington. This
fee limit applies to all services conducted by the locator.
All heir finders and asset locators must be registered to do business in the
state of Washington . If you have concerns about an heir finder or asset
locator, contact your Better Business Bureau,
or the Attorney General's Consumer Protection Division.
You may want to look for property yourself before contracting with a third party.
The following conditions apply to asset locators:
NOTE: The Federal Freedom of Information Act does not apply to State government.
We also have a list of frequently asked questions about asset locating.
Law RCW 42.56.070
prohibits the Department from giving or selling our unclaimed property owner list for commercial purposes.