Time is critical in foreclosure surplus claims.
In most jurisdictions, claimants must file within a specific statutory deadline, which can vary by state or county. For example:
- Florida: Homeowners generally have up to 1 year to file before funds are turned over to the state.
- Other states may allow shorter timeframes—sometimes as little as 60–90 days.
Once that time passes, the funds may be lost permanently or subjected to more complicated recovery through unclaimed property divisions.
