Maryland
Statutory term: Abandoned Property
Overview
Search for Unclaimed Property
This program provides a public search portal where you can look up unclaimed property.
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Dormancy Periods
The dormancy period is how long property must be inactive before it is considered unclaimed and reported to the state.
| Property Type | Years | Notes |
|---|---|---|
| Bank accounts | 3 | 3 years of inactivity; includes checking, savings, and CDs |
| Wages/payroll | 3 | 3 years after wages become payable |
| Insurance proceeds | 3 | 3 years; life insurance proceeds after insured's death |
| Securities | 3 | 3 years after last activity or owner contact |
| Utility deposits | 3 | 3 years after last activity |
| Safe deposit boxes | 5 | 5 years after expiration of lease; contents may be auctioned on eBay |
| Traveler's checks | 15 | 15 years after issuance |
| Money orders | 7 | 7 years after issuance |
Maryland uses a 3-year standard dormancy period for most property types. The Comptroller launched the KAPS (Kelmar Abandoned Property System) in September 2025 to modernize claims processing. Since 2007, the office has returned more than $1 billion. Estimated 1 in 7 Marylanders has unclaimed property.
Finder / Helper Restrictions
Restriction Level: Moderate
Fee Cap: None specified — Maryland does not impose a statutory cap on finder fees, but agreements are void if entered within 24 months of property delivery to the state.
Waiting Period: 24 months — All agreements to pay compensation to recover or assist in recovery of property are unenforceable if made within 24 months of the date the property was paid or delivered to the Comptroller's abandoned property office (CL 17-325).
Solicitation Rules: While Maryland does not have a statutory fee cap, the 24-month waiting period effectively prevents finders from charging for recently reported property. The Comptroller actively warns owners that claiming is free through official channels.