Last fiscal year, the Division returned 50,345 claims, totaling $57.6 million, to the rightful owners. There is currently over $1.2 billion waiting to be claimed in Tennessee. Unclaimed property is money turned over to the State by businesses and organizations that were unable to locate the rightful owner. The Unclaimed Property Division is a consumer protection program of the State Treasury that works to reunite the millions of missing dollars turned over every year with its rightful owners.
To raise awareness for the program and return missing money to even more Tennesseans this year, representatives from the Unclaimed Property Division will be visiting events in each of Tennessee’s three grand divisions over the next three months. Tennesseans are encouraged to stop by the Unclaimed Property booth to find out if they have missing money. Division representatives will be on-site to help attendees begin the claims process and answer any questions. Tennesseans have located hundreds, and even thousands of dollars, in missing money at past events.
Anyone can see if they are owed any missing money by searching their name at ClaimItTN.gov, and may file a claim online if they find unclaimed property belonging to them. The searchable online database contains all unclaimed property in Tennessee dating to the beginning of the program. Treasury recommends searching for common misspellings of your name and previous addresses.
In Tennessee, there is no time limit or fee to claim unclaimed property. It is held for the rightful owner or their legal beneficiaries until it is claimed.
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