Florida Regulation Mandates Holder Death Validation

 As of my knowledge cutoff in September 2021, there is no specific Florida regulation that mandates holder death validation for reporting unclaimed property. However, it's important to note that Florida, like other states, requires holders of unclaimed property to exercise due diligence in locating the rightful owners or their heirs before reporting the property as unclaimed.

Florida's unclaimed property law, governed by the Florida Department of Financial Services, Division of Unclaimed Property, outlines the general requirements for reporting and remitting unclaimed property. It includes provisions for conducting due diligence, such as sending notifications to the last known address of the property owner.

While there may not be a specific requirement for holder death validation in Florida, holders are still expected to make reasonable efforts to determine if the owner of the property is deceased. This can involve utilizing public records, death indices, or other available resources to gather information that may indicate the owner's passing.

It's important to stay updated with the latest regulations and guidance from the Florida Department of Financial Services, Division of Unclaimed Property, as regulations and requirements may change over time.