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RD Instruction 1955A Table of Contents Page 1PART 1955 PROPERTY MANAGEMENTSubpart A Liquidation of Loans Secured by Real Estate acquisition of Real and Chattel PropertyTable of Contents Sec. Page1955.1
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What is CONACT or CONACT property Form?

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Template CONACT or CONACT property instructions

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Conact property refers to financial assets or property that are unclaimed or abandoned, which may include bank accounts, insurance policies, or other types of financial instruments.
Entities holding unclaimed or abandoned property, such as financial institutions, insurance companies, and businesses, are typically required to file reports on conact property.
To fill out the conact property forms, entities must provide detailed information about the owner of the property, the nature of the property, and the last known address of the owner, among other required details.
The purpose of conact property regulations is to reunite owners with their lost or unclaimed assets and to provide a clear process for reporting and managing such properties.
Information that must be reported includes the owner's name, last known address, social security number (if applicable), the nature of the property, and the value of the property.
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