Surplus funds recovery Georgia (excess proceeds)
from Georgia tax sales or foreclosures are held by county tax commissioners or courts
when a property sells for more than the tax debt or mortgage amount. Owners, heirs, or lienholders can claim these funds within five years,
after which they may be transferred to the state as unclaimed property.
How to Recover Surplus Funds in Georgia:
- Identify the Funds:
- Contact the Tax Commissioner’s office in the county where the property was sold to verify if excess funds exist.
- Submit a Claim: Complete the county-specific “Excess Funds Request Form” and a W-9 form.
- You must provide evidence of your ownership or financial interest in the property
- (e.g., deed, lien documents) and a government-issued photo ID.
- Time Limit: Claims should be made promptly. If left unclaimed for five years, funds may be transferred to the Georgia Department of Revenue’s Unclaimed Property Division.
- Interpleader Action: If there are multiple claimants or disputes,
- a court order (interpleader action) in the local Superior Court may be required to release the funds.
Unclaimed Property Division:
If the funds were transferred to the state, search the Georgia Department of Revenue’s Unclaimed Property database
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