the reversion of property to the state or some agency of the state, in consequence of a want of any individual competent to inherit or claim when succession to it is postponed or rejected, to revert property to the state or some agency of the state

escheat law, escheatment process, escheatable property

Formal and Informal Expressions of escheat

In different contexts, you can replace 'escheat' with suitable alternatives. In a more formal setting, 'forfeit, repossess' is apt. In informal speech or writing, 'confiscate, seize' is a commonplace synonym.

escheat: Explore its Definition & Usage

escheat Definition

1the reversion of property to the state or some agency of the state, in consequence of a want of any individual competent to inherit or claim when succession to it is postponed or rejected
2to revert property to the state or some agency of the state

Using escheat: Examples

Take a moment to familiarize yourself with how "escheat" can be used in various situations through the following examples!

Example
If the owner of the property dies without heirs, the property will escheat to the state.
Example
The government can escheat the land if the owner fails to pay taxes.
Example
The abandoned property was escheated to the city.
Example
The court ordered the property to be escheated to the state.

escheat Synonyms and Antonyms

Synonyms for escheat

Phrases with escheat

escheat law
a law that governs the transfer of property to the state when there are no heirs or claimants
Example
The escheat law in this state requires that unclaimed property be turned over to the state after a certain period of time.
escheatment process
the legal process by which property is transferred to the state when there are no heirs or claimants
Example
The escheatment process can be complicated and lengthy, involving many legal steps and requirements.
escheatable property
property that is subject to escheat, such as abandoned or unclaimed property
Example
The bank is required to report any escheatable property to the state treasurer.

Origins of escheat

from Old French 'escheoir', meaning 'to fall to one's share'

📌

Summary: escheat in Brief

'Escheat' [ɪsˈʧiːt] refers to the transfer of property to the state or its agency when there are no heirs or claimants. It can happen when the owner dies without heirs, fails to pay taxes, or abandons the property. The term is both a verb and a noun, and it is often used in legal contexts. Phrases like 'escheat law,' 'escheatment process,' and 'escheatable property' describe the legal framework and the types of property involved.