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

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

1. Find the forms you need to report or search Virginia unclaimed property.

2. Learn how to perform a Virginia unclaimed property search.

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

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

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

Educate yourself VA 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: Virginia's State Treasurer's Office is responsible for the Virginia unclaimed property division. You can access the forms you need through their website. The Business Owner's Toolkit provides you with the information you need to know to report unclaimed property in Virginia.

Find the type of Virginia unclaimed property you need

Research the various ways in which Virginia'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 Virginia 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 Virginia.

Attend auctions to purchase unclaimed property in Virginia 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 Virginia for abandoned or unclaimed property. The City of Virginia Beach 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 or unclaimed land in Virginia 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.