Take advantage of unclaimed property in Utah to locate items you need for your business at a considerable cost savings. You can often purchase Utah state unclaimed property at auctions: Purchase office equipment, computers or furnishings at auctions conducted by the state to liquidate Utah unclaimed property. Learn the appropriate forms to fill out and the procedures to follow regarding abandoned property in Utah so you don't miss out due to administrative issues.

Educate yourself on unclaimed property in UT. Typical unclaimed property types in Utah include vehicles, pay checks that remain unclaimed, unclaimed insurance benefits and uncashed checks. Just about anything, however, may be classified as state of Utah unclaimed property.

1. Find the forms you need to report or search Utah unclaimed properties.

2. Locate UT unclaimed property.

3. Take advantage of auctions to purchase Utah unclaimed property.

Action Steps
The best contacts and resources to help you get it done

Learn your responsibilities regarding unclaimed UT property and how to access UT unclaimed property

Educate yourself about UT unclaimed property so you can purchase the property legally and so you know what to do if you find yourself in possession of unclaimed property like the final pay check of a previous employee.

I recommend: Utah's State Treasurer's Office is responsible for the Utah unclaimed property division. You can access the forms you need through its website. Business Owner's Toolkit provides you with the information you need to know to report unclaimed property in Utah.

Find the type of UT unclaimed property you need

Research the various ways in which Utah's unclaimed property is disposed of so you can find the type of property you're looking for. Abandoned homes are not likely to be sold the same way as an impounded vehicle.

I recommend: The State of Utah motor vehicle division provides you with the information you need when purchasing abandoned vehicles. CashUnclaimed.com allows you to search for unclaimed cash in the state of Utah.

Attend auctions to purchase unclaimed property in Utah at a discount

Plan on attending the auctions that are held specifically to liquidate unclaimed property. Find out if auctions are regularly scheduled or if you need to be added to a mailing list so you stay in the know on when such auctions are taking place.

I recommend: JustAuctions.com lists auctions in Utah for abandoned or unclaimed property. TNT Auction routinely schedules auctions to help police dispose of unclaimed property.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Be advised that when you attend an auction for abandoned properties in Utah you must be prepared to pay in full for your purchases whether you purchase a small item or a large vehicle or even a building. Have your finances in order prior to attending the auction to avoid any confusion.