Difference between revisions of "Escheat in California"

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* [[California]]
 
* [[California]]
 
* [[Escheat]]
 
* [[Escheat]]
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==Overview==
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===Sources===
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===Compliance===
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==National Exceptions==
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==State Exceptions==
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==Property Specific Exceptions==
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===Recorded===
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===Not Recorded=====Cross-References==
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* [[Standard Exceptions]]
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* [[Title Insurance Commitments]]
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* [[Title Insurance Policies]]
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* [[California]]
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** [[Standard Requirements in California]]
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** [[Extended Coverage in California]]
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** [[Title Insurance Commitments in California]]
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** [[Title Insurance Policies in California]]

Revision as of 13:48, 28 June 2019

Overview

Sources

Cal. Civ. Proc. Code ?? 1500, 1513, 1530

Recipient Office

California State Controller

Reporting

  • Time Period: 3
  • Due Diligence Amount: 50
  • Due Diligence Dates: Not more than 365 days nor less than 180 days
  • Aggregate Amount: 24.99
  • Report Period: 1/1 - 12/31*
  • Report Due Date: 10/31 - intial report, no funds; 6/15 - final report with funds
  • Negative Reporting: Not required, but recommended to do so, or if the State Controller's Office requests it.

Dormancy Fee

A holder can charge for the administrative cost of sending the due diligence notice when the property has a value or $50 or greater, such charge not to exceed $2. Code of Civil Procedure 1513.5(c).

Web Site

http://www.sco.ca.gov/upd_msg.html

Cross-References

Overview

Sources

Compliance

National Exceptions

State Exceptions

Property Specific Exceptions

Recorded

=Not Recorded=====Cross-References