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See section 6 of the General Regulation (the Regulation). Determine when property is considered unclaimed.See Information Circular UP-1 - General Information for a listing of intangible properties. Intangible property is an interest held, issued or owing by a business organization or government that has an aggregate net value of $250 or more per person.Tangible property is any physical property such as paintings or jewelry that is not land, and has an aggregate net value of $1,000 or more per person.Definition of a property holderĪ holder is a person or entity that keeps or maintains property (both tangible and intangible) for an owner.
#UNCLAIMED MONIES CANADA HOW TO#
If your claim is not approved, you may complete and submit a Form AT4954 – Notice of Objection (PDF, 259 KB).įor detailed step-by-step instructions, watch the How to submit an unclaimed report video.The owner is responsible for any delivery charges incurred for returning the property.If your claim is approved, the property will be returned within 30 days, provided there are no outstanding property administration fees.If additional supporting documentation is required, additional time may be needed to review the claim. All claims are reviewed within 120 days of receipt of the claim.Paper: bring, mail or fax your supporting documents to TRA.You will need the confirmation number that was provided when you submitted your claim. Online: upload your supporting documents to TRA through this link: Submit documents to your existing claim.Step 4: Submit documents to your existing claimĪfter you have submitted a claim, you must submit supporting documents that provide proof of ownership. Claims must be submitted within 10 years from the date the property was received by TRA.Submit your claim and print the confirmation page to keep for your records.Enter the information requested and follow the prompts to complete the form.Select ‘Continue’ to be taken to the Alberta online claim form.To ensure you are eligible to claim a property, answer the questions on the screen.Select a property by clicking on the name.After you have done a search on the Alberta Search for Lost Property and Money website, you will be directed to for the results of your search.Step 1: Search for and select the property However, you may be required to pay a fee for the administration costs of the property (e.g., storage costs, holder fees).
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The locator fee in Alberta cannot be greater than 10% of the value of the property. If you use the assistance of a person or agency to locate your property, make sure you have the arrangement in writing. Tip: Try searching using your first initial, nickname, or any other name you have previously used (e.g., maiden name). Find your property Definition of a claimantĪ claimant is a person or entity, or their legal representative, who asserts a claim over unclaimed property held by TRA.Ī claimant can also be a creditor with a legal or financial interest in unclaimed property held by TRA. In these cases, the person or entity that keeps or maintains property is required to report and transfer the abandoned property or its cash equivalent to Alberta Tax and Revenue Administration (TRA).Īs of March 31, 2022, there were approximately 326,770 unclaimed items in the unclaimed property repository, with an estimated value of $135 million. The Alberta government maintains a central registry of property that has been presumed abandoned by its owner. See the Unclaimed Property Holder Reporting Quick Guide for more information.įor detailed step-by-step instructions, watch the How to submit an unclaimed report video. Important noticeĬhanges to the report completed by property holders were implemented on March 26, 2022. Submit a claim if you found property at that might belong to you or someone you know.Īlberta Tax and Revenue Administration (TRA) requires a claim in order to verify an individual and assess whether the property is theirs.