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In Scots law, the Crown can claim ownerless property. Where we deal with property, its realised value is paid by the KLTR into the Scottish Consolidated Fund.
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Bona vacantia and our Ownerless Property Transfer Scheme (OPTS)
In Scots law, the Crown can claim ownerless property. The legal term for this is "bona vacantia". KLTR ownerless property transfer scheme consultation launched
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What is bona vacantia (ownerless property)?
Ownerless property (bona vacantia) covers dissolved company property, moneys remitted to the Crown, and personal estates of heirless individuals.
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Client cash balances
How to remit client cash balances to the KLTR
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Company - Administrative Restoration
A guide to administrative restoration
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Ownerless Property Transfer Scheme (OPTS)
KLTR ownerless property transfer scheme consultation launched 23 September 2022 and closed 16 December 2022
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Consultation responses and analysis
KLTR Ownerless Property Transfer Scheme (OPTS) consultation paper and responses
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Ultimus haeres
Estates