You can charge up to 25% as an Oklahoma unclaimed money finder!
Oklahoma has several rules that must be followed if you are to locate unclaimed money there.
Specifically, for claims by heirfinders or agents of listed owners:
(A) If the claim is based on a contract with the owner or heir of the owner, the heirfinder shall provide:
(i) A copy of the contract showing the percentage of the value of the funds or property charged for services (not to exceed 25%), names, current addresses, and social security numbers or Federal Employer Identification numbers of all parties to the contract; and
(ii) An executed special power of attorney from the owner or heir of the owner, which specifically authorizes the person to make an unclaimed property claim under the Oklahoma Unclaimed Property Act, Title 60 O.S. §651 et seq. to file a claim on his or her behalf.
(B) The Unclaimed Property Division may contact the owner(s) or claimant(s) to make sure that the owner or the claimant is aware of the full amount of unclaimed property involved.
The claim form(s) shall be signed by the owner(s) or claimant(s) or by a person duly authorized to make the claim on his or her behalf by special power of attorney which specifically authorizes the person to make the claim under the Oklahoma Unclaimed Property Act, Title 60 O.S. §651 et seq.
(C) A claim made by an heirfinder or an agent of a listed owner will require the same items of proof as would a claim made by the owner.
You can read the entire Oklahoma unclaimed money code here.
The unclaimed money information can be found under “Title 735, Treasurer”.
25% is an excellent amount to be able to charge to find money for people.
If you are interested in finding unclaimed money in Oklahoma, please click here for more information.
Debbie McKee says
I have 50 years experience in the O&G Industry. Most of it as a Sr. Division Order Analyst