Service Disclosures
Our services are optional. Depending on the claim type and jurisdiction, individuals may be able to pursue claims directly through the applicable agency, court, trustee, clerk, or governmental authority without using our services.
NorthPoint Property Claims is an independent private company and is not affiliated with any government agency, court, trustee, clerk, treasury department, or public authority.
Processing times vary by claim type, jurisdiction, documentation requirements, and applicable review procedures. NorthPoint Property Claims does not control agency, court, trustee, clerk, or governmental processing timelines.
Approved funds are distributed according to the procedures established by the applicable agency, court, trustee, clerk, or governmental authority. Distribution methods vary by jurisdiction and claim type. Any handling of recovered funds by NorthPoint Property Claims, if permitted, will occur only pursuant to a valid written agreement and applicable law.
10. No Determination of Entitlement
NorthPoint Property Claims does not determine legal ownership, entitlement, priority of claims, or eligibility for distribution of funds. Final determinations are made by the applicable agency, court, trustee, clerk, governmental authority, or other authorized decision-maker.
The disclosures below apply specifically to state unclaimed property recovery services in jurisdictions that regulate locator, finder, or recovery agreements. Separate agreements, disclosures, or statutory requirements may apply to foreclosure surplus funds, excess proceeds claims, or other recovery services.
- California: Fees are strictly capped at a maximum of 10% of the recovered asset value. Contracts cannot be legally executed until the property is in the possession of the state controller.
- Alaska: Fees are strictly capped at a maximum of 10% of the recovered asset value. Contracts cannot exceed a duration of 6 months and cannot be legally executed until the property has been held by the state treasury for at least 24 months.
- Wisconsin: Fees are strictly capped at a maximum of 10% of the recovered asset value. No recovery contract is enforceable if executed within 24 months of the property being reported to the state.
- New Mexico: Fees are strictly capped at a maximum of 10% of the recovered asset value. No recovery contract is enforceable if executed within 48 months of the property being reported to the state.
- Missouri: No recovery contract is enforceable if executed within 12 months of the property being reported to the state. Fees are strictly capped at a maximum of 10% of the recovered asset value, if contract is entered into after 12 months but before 24 months of the state being in possession of the property, 15% of the recovered asset value, if contract is entered into after 24 months but before 36 months of the state being in possession of the property, and 20% of the recovered asset value, if contract is entered into after 36 months of the state being in possession of the property,
- Colorado: Fees are strictly capped at a maximum of 10% of the recovered asset value. No recovery contract can be legally executed until the property has been held by the state treasury for at least 24 months.
