Georgia is considering a bill that would automatically issue checks for unclaimed property worth less than $500 to residents whose tax records match the state’s database. This shift from a claim-based system could help homeowners who are unaware of or unable to claim their funds, though those owed more than $500 will still need to file claims manually. Developers and tech professionals should monitor similar initiatives in other states that aim to simplify the process of reclaiming unclaimed property.
Read the full article at Realtor.com Blog
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