Resources / Compliance

Recovery business compliance

Review the jurisdiction, the sale, and the role your business plays in a claim.

Review topics

A state-specific review

01

Identify the sale and the jurisdiction

Keep tax sales, mortgage foreclosures, and state-held unclaimed-property matters separate in your records. Select the state and county before reviewing the applicable legal guidance.

02

Keep three clocks separate

Record property-redemption timing, surplus-claim timing, and unclaimed-property-claim timing separately. A property-redemption period is not a surplus deadline.

03

Review representation and assignments

Review the state's facts for representative, assignee, and court-order requirements before proceeding. Do not carry one state's requirements into another state's matter.

04

Review fee provisions separately

Check the applicable state guidance for recovery-assistance fee provisions. A fee provision and a claim deadline answer different questions.

General information, not legal advice. Laws change. Contact Berkshire Law to discuss your situation. No attorney-client relationship is created by reading this page.