California’s Unclaimed Property Legislation requires companies, businesses, associations, financial institutions, and insurance companies (referred to as “Holders”) to yearly report and deliver property to the California State Controller’s Workplace after there was no exercise on the account or contact with the owner for a time period specified within the regulation – generally (three) three years or more. Property administration nnoun: Refers to individual, place, factor, quality, etc. Scheduled property nnoun: Refers to particular person, place, factor, high quality, and many others. The alleged syndicate involves people who pose as property agents and property sellers in addition to a registered lawyer. … Read the rest