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Notice of Unclaimed Property at Auction

This template is a formal notice to the original owner of property that was impounded or legally taken possession of, informing them that the property remains unclaimed and will be sold at public auction if not retrieved by a specified deadline. It is used to fulfill legal obligations before disposing of unclaimed goods.

Updated 16d ago
unclaimed propertyauction noticeimpounded goodspublic auctioncollectionslegal noticeasset disposal

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Notice of Unclaimed Property at Auction

Notice of Unclaimed Property at Auction

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}}

Website: {{website}}

NOTICE OF UNCLAIMED PROPERTY AT AUCTION

NOTICE DATE: {{notice_date}}

REFERENCE NUMBER: {{reference_number}}

TO: Original Owner of Property

Name: {{owner_name}}

Address: {{owner_address}}

Contact Number: {{owner_phone_number}}

PROPERTY DETAILS

This serves as a formal notification regarding property belonging to you that is currently in the possession of {{company_name}}.

Description of Property: {{property_description}}

Identification/Serial Number(s): {{identification_numbers}}

Date Property Came Into Possession: {{possession_date}}

Circumstances Under Which Property Came Into Possession: {{circumstances_of_possession}}

STATUS OF PROPERTY

Despite previous attempts to contact you (if applicable) and the passage of time, the aforementioned property remains unclaimed.

INTENTION TO AUCTION

Please be advised that in accordance with our standard operating procedures and applicable legal provisions, if the property described above is not claimed and collected by you or your authorised representative by the close of business on {{auction_deadline_date}}, it will be included in our next public auction. The proceeds from the sale will be applied towards any outstanding storage fees, administrative costs, and/or original debts, with any remaining balance being held for your collection, or as otherwise prescribed by law.

AUCTION DETAILS (PROVISIONAL)

Date of Auction: {{provisional_auction_date}}

Time: {{provisional_auction_time}}

Venue: {{provisional_auction_venue}}

A finalised auction catalogue and specific terms will be made available closer to the auction date.

FEES AND COSTS

Please be aware that any outstanding fees relating to the impoundment, storage, and administration of the property, amounting to {{total_fees_due}} as at the date of this notice, must be settled in full prior to the release of the property. Daily storage fees will continue to accrue at a rate of {{daily_storage_fee}} until the property is collected or sold.

ACTION REQUIRED

To prevent the sale of your property at public auction, you must contact {{company_name}} at {{phone}} or {{email}} no later than {{response_deadline_date}} to arrange for its collection and settle all outstanding fees. You will be required to provide proof of ownership and identification.

IMPORTANT NOTICE

Failure to respond to this notice and collect the property by the specified deadline will result in the property being sold at public auction without further notice, and you will forfeit any claim to the property thereafter. {{company_name}} accepts no responsibility for property left beyond the collection deadline.

SIGNATURE BLOCK

Sincerely,

{{authorised_representative_name}}

{{authorised_representative_title}}

For and on behalf of {{company_name}}

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