Unclaimed Property in Connecticut
Locate CT unclaimed property to use in your businessA court may classify unclaimed property in Connecticut as abandoned, lost or mislaid. These classifications have their origins in common law and can be difficult to interpret under modern legal systems. Legal documents may refer to the common law doctrine that ensures property is not left ownerless as escheat. Connecticut property owners usually have a superior claim to escheat than a trespasser who discovers the property.
There are specific forms and procedures to follow when claiming unclaimed property in CT. Generally, the state serves as the custodian for abandoned property in Connecticut until the appropriate agencies approve the finder’s claim on the abandoned property. Connecticut companies frequently lose property through misfortune or carelessness. Unclaimed property can be an inexpensive way to obtain equipment.
There are general types of Connecticut state unclaimed property:
1. Liquid assets such as a dormant bank account, safe deposit contents, unclaimed deposits or refunds, uncashed checks and unused insurance benefits;
2. Abandoned property the original owner is unlikely to return to claim. Certain property such as wrecked cars, ships or aircraft may belong to the state;
3. Property confiscated by law enforcement or repossessed by a loan company. These items are frequently auctioned off to the public.
Find agencies that handle state of Connecticut unclaimed property
Participate in an auction for state of CT unclaimed propertyMost states have their own auctions to allow prospective buyers to bid on unclaimed or otherwise abandoned property.
Search for Connecticut escheat property in your cityMost cities in Connecticut have a department that attempts to reunite unclaimed property with its owner. This department can answer specific questions regarding lost or abandoned property.
Hartford Police Department property room keeps unclaimed found property for the city until the items can be sold at public auction or released to the finder. The Evidence Section of the New London Police Department stages the police auction for abandoned property each September.
- Unclaimed property in Connecticut that the owner deliberately hides or conceals may be a treasure trove instead of mislaid property. The property must remain concealed long enough for the owner to be dead or undiscoverable. A treasure trove may belong to the finder or the property owner.
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