Note: The TFTC account later posted a "correction" that once more gave out what looks like questionable info: as far as I know, escheatment gives the state the right to sell the property. Yes, you can claim later, but only the cash value at the time of sale.
Note: The TFTC account later posted a "correction" that once more gave out what looks like questionable info: as far as I know, escheatment gives the state the right to sell the property. Yes, you can claim later, but only the cash value at the time of sale.
Text: https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260AB1052
Maybe someone with more experience in property laws can explain this better than I can?