Texas · Fee law
Texas caps unclaimed property finder fees at 10%
Texas law caps what an unclaimed property recovery firm may charge you at 10% of the amount actually recovered, under Tex. Prop. Code 74.507. An agreement that charges more is unenforceable above the cap — in some states it is void entirely.
Nationally, caps run from 5% in Washington to 30% in Arizona, Colorado and South Dakota. Texas's 10% is among the lowest in the country, and matches 31 others. We charge 10%.
The cap exists because this industry has a long history of firms charging a third of an inheritance to fill in a form. Knowing the number is most of the protection.
What that means on a $14,000 recovery
| Fee | You keep | |
|---|---|---|
| Filing it yourself, direct with the state | $0 | $14,000 |
| A firm charging the Texas maximum (10%) | −$1,400 | $12,600 |
| Our fee (10%) | −$1,400 | $12,600 |
Filing yourself is free and we will tell you how. The reason to pay anyone is that the claim is hard — not that the money is otherwise unreachable.
Texas locator rules at a glance
| Rule | Texas |
|---|---|
| Maximum fee | 10% of the amount recovered |
| Statute | Tex. Prop. Code 74.507 |
| Waiting period before an agreement is valid | None recorded |
| Licence required | No |
| Fee payable before recovery? | Never. Any up-front request is fraud. |
| Can you file it yourself? | Yes, free, always. |
The one rule that never has an exception
Finder fee caps in other states
The same claim can cost you three times as much one state over.
Texas finder fees: common questions
What is the maximum finder fee in Texas?
Texas caps it at 10% of the amount recovered, under Tex. Prop. Code 74.507. An agreement purporting to charge more is unenforceable above the cap. We charge 10%.
Do I have to use a finder at all?
No. You can always file directly with Texas Comptroller of Public Accounts for free, and for a simple claim in your own name that is usually the right choice. Finders exist for the claims that are not simple: a deceased owner, a dissolved business, securities, or an address you can no longer document.
Should I ever pay a fee up front?
No — never. A legitimate recovery firm is paid out of the recovered amount, after the state has paid you. Any request for money before you have been paid, for any reason (a "release fee", "processing", "taxes", "bonding"), is the classic advance-fee fraud and there are no exceptions to that rule.
Is there a waiting period before a finder can contact me?
No specific waiting period is recorded for Texas in our compilation. Most states impose 24 months under the Uniform Act, so verify against the current statute before relying on its absence.
Does a finder need a licence in Texas?
No specific locator licence is required in Texas. That makes it more important, not less, to check who you are dealing with — ask for the written agreement before giving anyone your documents.
What should a legitimate agreement contain?
In writing, before you hand over anything: the specific property being claimed, its stated value, the name of the holder, the fee as a percentage, a clear statement that nothing is owed if nothing is recovered, your right to cancel, and a statement that the firm is not a government agency. Several states require most of that by statute.
We charge 10% in every state, including the ones that allow 30%.
One published number, under every cap in the country, and nothing at all if the claim fails. Search your name free first — you may not need us.
Search your name — freeFee caps, statutes and waiting periods are compiled from state statutes and administrator guidance and are provided for information, not as legal advice. The controlling text is always the statute itself — here, Tex. Prop. Code 74.507. Last reviewed September 2026.
Find My Unclaimed is a private company. We are not a government agency and we are not affiliated with, endorsed by, or acting on behalf of any state treasurer, controller, or unclaimed property office. You always have the right to file your own claim directly with the state for free.