Escheat: Difference between revisions

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n. from old French eschete, which meant "that which falls to one," the forfeit of all property (including bank accounts) to the state treasury if it appears certain that there are no heirs, descendants or named beneficiaries to take the property upon the death of the last known owner.
n.) Lands which fall to the lord or the State by escheat.

Revision as of 19:19, 27 May 2024

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