Escheat. — Florida Code § 732.107
Florida Code § 732.107 — Escheat.. Reproduced from the official Florida Statutes, with a citation summary, verification link, and related provisions.
§ 732.107. Escheat.
(1) When a person dies leaving an estate without being survived by any person entitled to a part of it, that part shall escheat to the state. (2) Property that escheats shall be sold as provided in the Florida Probate Rules and the proceeds paid to the Chief Financial Officer of the state and deposited in the State School Fund. (3) At any time within 10 years after the payment to the Chief Financial Officer, a person claiming to be entitled to the proceeds may reopen the administration to assert entitlement to the proceeds. If no claim is timely asserted, the state’s rights to the proceeds shall become absolute. (4) The Department of Legal Affairs shall represent the state in all proceedings concerning escheated estates. (5)(a) If a person entitled to the proceeds assigns the rights to receive payment to an attorney, Florida-certified public accountant, or private investigative agency which is duly licensed to do business in this state pursuant to a written agreement with that person, the Department of Financial Services is authorized to make distribution in accordance with the assignment. (b) Payments made to an attorney, Florida-certified public accountant, or private investigative agency shall be promptly deposited into a trust or escrow account which is regularly maintained by the attorney, Florida-certified public accountant, or private investigative agency in a financial institution authorized to accept such deposits and located in this state. (c) Distribution by the attorney, Florida-certified public accountant, or private investigative agency to the person entitled to the proceeds shall be made within 10 days following final credit of the deposit into the trust or escrow account at the financial institution, unless a party to the agreement protests the distribution in writing before it is made. (d) The department shall not be civilly or criminally liable for any proceeds distributed pursuant to this subsection, provided such distribution is made in good faith.
Source: official Florida text · Last verified 2026-08-27
At a glance
- Citation: Florida Statutes § 732.107
- Jurisdiction: Florida
- Code: Florida Statutes
- Subject: Escheat.
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Florida Statutes. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Florida attorney.
Common questions
What is the source of Florida Statutes § 732.107?
The text above is transcribed from the Florida Statutes, the codified statutes of Florida. The official publisher link appears under "Verify the text" on this page.
What subject does Florida Statutes § 732.107 address?
It addresses "Escheat.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Florida Statutes § 732.107 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Florida source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Florida law to your facts requires a licensed Florida attorney who can review the specifics.