General Information Concerning Unclaimed Property
Revenu Québec receives, provisionally administers and liquidates unclaimed property such as unclaimed financial assets, the property of unclaimed successions and property located in Québec whose right-holders are unknown or untraceable.
Revenu Québec therefore serves a number of functions, including:
- receiving property;
- informing the public—through public notices published in newspapers and on our website, through the register of unclaimed property and through My Account for individuals—that it provisionally administers the unclaimed property entrusted to it;
- tracing right-holders;
- remitting property or the value of property to right-holders who come forward to claim it;
- if no right-holder can be found, liquidating property and remitting its value to the State for transfer into the Generations Fund for the benefit of all.
The Unclaimed Property Act and the Civil Code of Québec set out the rules regarding the provisional administration of unclaimed property.
- A right-holder can claim the value of property remitted to the State, provided a claim is filed within the prescribed time period. Certain fees apply.
- Revenu Québec's liability is limited with regard to unclaimed property. It is not required to pay debts whose value exceeds the value of the property it administers.
You may be approached by a person or business that finds persons who may be entitled to unclaimed property (such as heirs or owners). Such persons or businesses may charge high fees. You must sometimes pay those fees to be given even preliminary information.
Note that we are not responsible for any fees paid to such a person or business.
If you have any doubts or questions, contact us.