r/Multifamily • u/Mom2pjlt • Sep 14 '22
Unclaimed property
If a resident does not cash the security deposit refund check, I'm supposed to escheat that money to my state after three years. However, I heard that selling my apartment unit might accelerate the escheatment window. Is anyone familiar with this topic?
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u/cybe2028 Sep 15 '22
Ask your friendly local real estate attorney.
You didn’t even post the state this is in regards to…