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Revenue Management Division RMD has updated the PFI form to include additional Third Party Payer fields to maximize the information attained. The revised form is attached to the end of this Bulletin and is available online at http //lacdmh.
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UMDAP stands for Unclaimed Property Database. It is a database that stores information about unclaimed property.
Individuals and businesses that hold unclaimed property are required to file umdap.
UMDAP can be filled out online by entering the required information about the unclaimed property.
The purpose of umdap is to centralize and track unclaimed property in order to return it to its rightful owners.
UMDAP requires reporting of information such as the owner's name, last known address, and a description of the property.
The deadline to file umdap in 2023 is December 31st.
The penalty for the late filing of umdap varies depending on the jurisdiction, but it can include fines and interest on the unclaimed property.
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