escheat Sentence Examples

  1. The land was left escheat because the owner died intestate without any heirs.
  2. The state enacted a law of escheat concerning abandoned property.
  3. All mineral rights escheat to the state if a mining company fails to pay property taxes.
  4. The state, not the adjacent property owner, has a right of escheat to unclaimed property.
  5. Escheat laws are designed to prevent property from being left in limbo without an owner.
  6. After the last living heir passed away, the property escheated to the local government.
  7. The bank was able to escheat the abandoned safety deposit boxes after waiting the required amount of time.
  8. If a company holds unclaimed funds for more than five years, they must escheat those funds to the state.
  9. The law of escheat applies to both real and personal property.
  10. The state has the right to escheat property if a foreign government seizes property from a U.S. citizen.

escheat Meaning

Wordnet

escheat (n)

a reversion to the state (as the ultimate owner of property) in the absence of legal heirs

the property that reverts to the state

Webster

escheat (n.)

The falling back or reversion of lands, by some casualty or accident, to the lord of the fee, in consequence of the extinction of the blood of the tenant, which may happen by his dying without heirs, and formerly might happen by corruption of blood, that is, by reason of a felony or attainder.

The reverting of real property to the State, as original and ultimate proprietor, by reason of a failure of persons legally entitled to hold the same.

A writ, now abolished, to recover escheats from the person in possession.

Lands which fall to the lord or the State by escheat.

That which falls to one; a reversion or return

Webster

escheat (v. i.)

To revert, or become forfeited, to the lord, the crown, or the State, as lands by the failure of persons entitled to hold the same, or by forfeiture.

Webster

escheat (v. t.)

To forfeit.

Synonyms & Antonyms of escheat

No Synonyms and anytonyms found

FAQs About the word escheat

a reversion to the state (as the ultimate owner of property) in the absence of legal heirs, the property that reverts to the stateThe falling back or reversion

No synonyms found.

No antonyms found.

The land was left escheat because the owner died intestate without any heirs.

The state enacted a law of escheat concerning abandoned property.

All mineral rights escheat to the state if a mining company fails to pay property taxes.

The state, not the adjacent property owner, has a right of escheat to unclaimed property.