In Massachusetts, property becomes "unclaimed" when the owner can't be contacted for a 3-year period. Businesses must review their records every year for unclaimed properties. If any are found, they must make a report of them.
- This page, Report unclaimed property, is offered by
- Unclaimed Property Division
Report unclaimed property
Contacts
Division of Unclaimed Property
Phone
Open Monday through Friday, 8:45 a.m.-5 p.m.
The Details
What you need
Holding companies attempt to contact the owners of a financial asset for them to claim the asset. If you have tried to contact the owner but have not been able to reach them, after 3 years of inactivity you must report the property to the state.
To submit an annual report of abandoned property in Massachusetts, you must first be registered as a holding company with the state. Please contact the Unclaimed Property Division at the following to obtain a Holder ID:
Telephone: (617) 367-0400 or
Email: UCPReporting@tre.state.ma.us.
There are specific annual reporting deadlines, depending on the type of holding company or the type of unclaimed property you are reporting and remitting.
Reporting Guidelines:
|
For Holder Type |
Period Ending |
Due Diligence |
Report and Remittance Due |
|
All Holders |
June 30 |
On or before September 1 |
November 1 |
|
Life Insurers |
December 31 |
On or Before March 1 |
May 1 |
|
Tangible Property |
June 30 |
On or before September 1 |
May 1–June 30 (The following year) |
How to report
- Prepare your unclaimed property report file—it must be in NAUPA II format.
- Go to the Massachusetts Unclaimed Property website, enter your Holder ID and submit an online AP-1 form of Holder information and a summary of all property being reported.
- Upload your unclaimed property report file.
- Preview your entries. (Note: you will be unable to submit online if your file is not acceptable—incorrect format or has other errors.)
- Click to “Submit” your report and file online.
Contact
Address
1 Ashburton Place, 12th Floor, Boston, MA 02108
Phone
Open Monday through Friday, 8:45 a.m.-5 p.m.