{"id":547,"date":"2013-06-21T02:23:46","date_gmt":"2013-06-21T02:23:46","guid":{"rendered":"http:\/\/moneyfinderbiz.com\/?p=547"},"modified":"2023-02-18T16:38:35","modified_gmt":"2023-02-18T16:38:35","slug":"washington-dc","status":"publish","type":"post","link":"https:\/\/moneyfinderbiz.com\/washington-dc\/","title":{"rendered":"Washington DC"},"content":{"rendered":"

\"Washington-DC\"<\/a>You can charge 10% as a Washington DC unclaimed money finder.<\/b><\/p>\n

Most people wouldn’t think to work as a finder in Washington DC\u00a0 because they would usually be counting the fifty states and would\u00a0 probably leave Washington DC out of their thought process.<\/p>\n

However, just like all the fifty states, Washington DC does have\u00a0 it’s own treasury department and does maintain it’s own unclaimed money\u00a0 department withing the treasury.<\/p>\n

As for becoming a finder in Washington DC, here are only a couple of rules that you need to follow:<\/p>\n

1. No agreement or contract with a person for a fee or compensation\u00a0 to locate, deliver, recover, or assist in the recovery of property\u00a0 reported under \u00a7 41-117, entered into within 7 months<\/b> after the date payment or delivery is required under \u00a7 41-119, is valid.<\/p>\n

2. No agreement entered into after 7 months from the date of\u00a0 delivery of the property by the holder to the Mayor is valid if a person thereby undertakes to locate property included in a report for a fee or other compensation exceeding 10 percent<\/b> of the value of the\u00a0 recoverable property unless the agreement is in writing and signed by\u00a0 the owner and discloses the nature and value of the property and the\u00a0 name and address of the holder of the property as such facts have been\u00a0 reported.<\/p>\n

Nothing in this section shall be construed to prevent an owner\u00a0 from asserting at any time that an agreement to locate property is based upon an excessive or unjust consideration.<\/p>\n

To sum it up, you cannot have an agreement to locate money if the\u00a0 money has not been held for at least seven months, and you cannot charge more than 10% commission.<\/b><\/p>\n

Seven months is good as far as money being held is concerned.\u00a0 Most states make you wait at least twenty-four months.<\/p>\n

As with most states, you also need to disclose the nature of the\u00a0 property being held and it’s value, as well as the holder of the\u00a0 unclaimed money.<\/p>\n

Please click on the following link if you would like to view the complete Washington DC Unclaimed Money Law<\/a><\/p>\n

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Please click here if you are interested in becoming a Washington DC unclaimed money finder.
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