Users are solely responsible for maintaining current payment information to access earned funds. After a state-mandated dormancy period, unclaimed funds are turned over to government authorities, and Poshmark may charge a dormancy fee where permitted by applicable law.
This analysis describes what Poshmark's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
This provision establishes that Poshmark will escheat dormant account balances to government authorities following the applicable statutory period, and may deduct a dormancy fee before doing so. Sellers who do not actively maintain their accounts or update payment information risk forfeiture of accrued earnings to the escheatment process.
The updated Seller Policy establishes explicit requirements for how sellers must describe items, price products, and fulfill orders on Poshmark. Sellers are now required to provide accurate descriptions with original photos, truthfully represent item condition, respond promptly to buyer questions, avoid excessive listing removal and reposting, and ship items immediately after a sale is confirmed. The policy states that violations may result in account restrictions or termination at Poshmark's sole discretion. Sellers should review the full policy to understand all obligations.
View change record →The updated policy establishes specific conditions that sellers must meet when listing certain product categories. For cosmetics and personal care items, the terms now require items to be new, factory-sealed, alcohol-free, and unswaped, with aerosols and nail polish subject to shipping restrictions or prohibition. For electronics, sellers must reset devices to factory settings and sign out of personal accounts. For mystery boxes, sellers must disclose key details and provide accurate value assessments. Non-compliance may result in account suspension, payment withholding, or item destruction, which Poshmark reserves the right to execute at its sole discretion. You can report suspected policy violations directly through Poshmark's platform.
View change record →Poshmark's Terms of Service underwent a substantial update on April 19, 2026, with 249 new sentences and 3 modified sentences. The specific operational changes created by these additions cannot be determined from the detection summary alone. All users should review the updated terms at Poshmark's website to identify any new policies, requirements, restrictions, or disclosures that affect their use of the platform.
View change record →This allows Poshmark to charge dormancy fees on inactive accounts and places full burden on users to manage their account information to access funds.
View full change record →The agreement places sole responsibility on users to maintain current payment information and claim accrued funds. Unclaimed balances are subject to escheatment to state authorities after the applicable dormancy period, and a dormancy fee may be deducted where permitted by law.
Cross-platform context
See how other platforms handle Escheatment and Dormancy Fee and similar clauses.
Compare across platforms →"It is the User's sole responsibility to update payment Account Information to receive any redeemable funds. After a period of statutory required account dormancy, Poshmark will escheat any unclaimed funds to the relevant government authorities as necessary and may charge a dormancy fee when such a fee is allowed by applicable rules and regulations.Excerpt from Poshmark's Terms of Service
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This provision establishes that Poshmark will escheat dormant account balances to government authorities following the applicable statutory period, and may deduct a dormancy fee before doing so. Sellers who do not actively maintain their accounts or update payment information risk forfeiture of accrued earnings to the escheatment process.
The agreement places sole responsibility on users to maintain current payment information and claim accrued funds. Unclaimed balances are subject to escheatment to state authorities after the applicable dormancy period, and a dormancy fee may be deducted where permitted by law.
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