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Assets may be filed and registered with the local town hall, the courts, or county offices. Therefore, finding asset records can be confusing and time-consuming. Using InfoTracer’s powerful search engine, you can instantly search nationwide public records for different types of assets and unclaimed funds. Our public records database contains millions of records that are updated regularly. Try an instant asset search today! You can find the following information in our asset reports when available:
An asset is a tangible or intangible item or a resource that can be converted to cash for its current value. Companies, people, and even governments own assets. Many types of assets are public records and are available to look up online. Some examples of assets include real estate, vehicles, vessels, aircraft, investments, personal income, intangible assets, business ownership, patents, and stock holdings.
Assets are anything that may be owned and has a perceived or actual value. The criteria used to determine if something is an asset or not include:
Below are some examples of assets.
Personal assets are owned by individuals and have a current value or are expected to have a future value (appreciation). Personal assets may include treasury bills, CDs, savings, cash, money market accounts, houses and land, life insurance policies, IRAs, pensions, retirement plans, and stocks.
Business assets are owned and used by a company. These, too, must have a current or future value. A company’s assets may include buildings and land, vehicles, machinery, equipment, raw materials, inventory, patents, royalties, and intellectual property.
Tangible assets physically exist in the real world like land, buildings, products, materials, and other resources.
Intangible assets are not physical in nature. For example, a patent on an invention is an “idea” but not a concrete product. Therefore, that is an intangible asset. Other intangibles may include trade secrets, goodwill, brand recognition, trademarks, and copyrights.
Liabilities are the opposite of assets, and they are loans or debts owed on assets. For example, a car loan is a liability. If a company purchases a building, the mortgage is a liability. The bank will hold the property as collateral for the loan because the building and land have value as assets.
Unclaimed funds and assets are monies and assets held by the courts because the actual owner has failed to claim ownership. Assets and money come to be unclaimed because of various circumstances. In some cases, the holder may not have a valid address for the rightful owner, or someone has died, and the court cannot locate the beneficiary. Using InfoTracer’s powerful search engine, you can search millions of unclaimed assets and funds nationwide.
InfoTracer is not a consumer reporting agency under the Fair Credit Reporting Agency (FCRA) and does not provide FCRA compliant consumer reports. InfoTracer does not permit the use of information obtained from their service for use in discriminating against any consumer or for the purposes of determining a consumer's eligibility for personal credit, insurance, employment, housing, licenses, or benefits. It also does not permit the use of gathered information for any purpose related to a consumer's economic or financial standing or status.
An asset lien is when someone takes out a loan or borrows money using the asset as collateral. The financial institution will put a lien on the property, claiming that if the owner does not pay them back, they can take ownership of the property and sell it to get their money back.
Unclaimed assets are money or other items of value that belong to an owner who has not yet taken possession of them. The government has a list of unclaimed assets, and you can use that list to find unclaimed monies.
Liquid assets are physical and intangible assets that someone can quickly convert into cash. Things like vehicles, machinery, raw materials, and patents that have value and can quickly be sold are considered liquid assets.
Various government agencies and courts manage unclaimed assets. Finding unclaimed assets is not always easy. Some of these state governments have set up websites where users can enter their information and find unclaimed assets belonging to them. You can also use InfoTracer’s powerful search engine to find unclaimed assets from all over the country.
Assets include a wide range of things such as vehicles, boats, planes, buildings, land, money, stocks, CDs, and other intangible things like patents, copyrights, and goodwill.
Yes, a vehicle is an asset. You must register your vehicle with the town where you reside, and town offices will keep records of your ownership and details about the car.
Assets are something of value, and liabilities are loans or debts usually secured by assets. An asset has a monetary value, and a liability is a debt you owe.
As part of normal business operations, companies must keep financial statements on a monthly and annual basis. Typically, a balance sheet will show the total assets and subtract from the total liabilities, which equals the net worth. The positive or negative figure will indicate the company’s financial health.
Fixed assets are things of value that allow the company to operate and are not necessarily financial in nature, despite having value. Fixed assets may be referred to as non-current or long-term assets and typically include furniture, vehicles, machinery, land, buildings, brand names, copyrights, licenses, or production plants. Physical fixed assets are referred to as property, plant, and equipment (PP&E) on a company balance sheet. Fixed assets are not considered liquid assets because they cannot easily be converted into cash and are not expected to as part of normal operations.
Current assets are things of value that can be liquidated or converted into cash within a single fiscal year. These items are critical for the day-to-day operations of a company and are more related to the services or products offered by the company. Examples of current assets include inventory and items for sale such as raw materials, accounts receivable or the money owed by customers in the short-term, marketable securities and liquid equity, and operating cash, including treasury bills and certificates of deposit. Current assets are expected to be converted into cash as a part of normal operations.