That which falls to one; a reversion or return
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.
The forfeit of all property to the state when a person dies without heirs.
The right of a feudal lord to the return of lands held by his vassal, or the holding of a serf, should either die with out lawful heirs or suffer outlawry. (MEDIEV-L. Medieval Terms) Reversion of property to feudal lord or Crown upon default of heir or upon conviction of treason or felony. (Sayles, George O. The King's Parliament of England, 144) The reversion to a lord of a fief for default of heirs or the outlawry of the holders. (Warren, W.L. Henry II, 633) Related terms: Escheator
Property taken into state ownership in the absence of the original owner, or upon the owner's death in that state, without heirs.
The right of the Crown to have ownership of the property returned to it if the taxes are not paid, or if the owner dies intestate (without a will or heirs).
reversion of property to the state (or feudal lord of a manor) due to want of a legal heir. Example
The legal act of returning property to the government upon the death of the owner, because there is nobody to inherit the property. Escheat is based on the Latin principle of "dominion directum" (which see) as was often used in the feudal system when a tenant died without heirs or if the tenant was convicted of a felony.
Reversion of a holding to a lord, or ultimately to the Crown. This often happened if there was an absence of legitimate heirs.
The process by which the property of a descendent dying without a will and without heirs reverts to the state.
The process whereby a credit union is required to turn over unclaimed members' account balances to the state for safekeeping; unclaimed balances are determined by the length of time (varies by state) the account has been in a dormant status.
Reversion of property to the state when one has no legal heirs and has no will.
A reversion of property to the state in consequence of a want of any individual competent to inherit. Escheat at feudal law was th right of the lord of a fee to re-enter upon the same when it became vacant by the extinction of the blood of the tenant. This extinction might either be per defectum sanguinis or else per delictum tenetis, where the course of descent was broken by the corruption of the blood of the tenant. As a fee might be holden either of the crown or from some inferior lord, the escheat was not always to the crown. The word "escheat", in this country. merely indicates the preferable right of the state to an estate left vacant, and without there being any one in existance able to make claim thereto.
The process by which a property is transferred to the government because there are no heirs or suitable persons who can legally take over the property after a death or abandonment of the property.
A reversion of property to the state in the absence of an individual owner. Usually occurs when a property owner dies intestate, and without heirs.
the reversion of an estate to its overlord, generally because there was no legal heir or because its holder had forfeited it by having committed a felony.
The reversion of property to the state under certain prescribed conditions--for example, if the owner dies without heirs, or if a depositor's account remains inactive for several years and the owner cannot be located.
The result of an incident that causes a fief to revert because a lord or tenant dies without an appropriate heir whose qualifications are generally noted in the original grant.
The reversion of property of a decedent who died intestate (without a will) and without heirs to the state or county as provided by state law.
A reversion of property to the state in those cases where in individual dies without heirs or devisees and without a will.
The reversion of a person's property to a governmental entity, usually a state, when a person dies intestate (without a will) leaving no heirs capable of inheriting the decedent's property.
Property that reverts to state ownership when an individual dies without a will and without heirs.
a reversion to the state (as the ultimate owner of property) in the absence of legal heirs
the property that reverts to the state
Process whereby property of a decedent is given to the state because of no available heirs.
Reverting of property to the state when there are no heirs, devisees, or legatees of the deceased owner.
Return of property to the state if abandoned or left by a person who died without making a will. If the rightful owners or heirs later appear, they can claim the property.
The lapsing of land or other property to the Crown on the death of the owner without a Will and without heirs or the loss of other property put up as security and certain conditions of the security are not complied with.
A legal word that describes the situation where property transfers to the ownership of the state government because there are no legal inheritors to claim it.
reverting of property to the state upon the death of an owner without heirs
The transfer of property to the government if a person dies without a will, spouse, heirs or relatives.
The state takes over the estate if there are no beneficiaries or heirs.
The process of turning over abandoned property (such as shares in a mutual fund account that is inactive, with an undeliverable mailing address) to the state. The length of time the assets must remain inactive before they are considered abandoned varies from state to state. After the assets have been escheated, the rightful owner can reclaim them from the state.
when the title to property is transferred to the state, making the state the legal owner. The State of Maine acts as the custodian of reported property without taking title by escheat.
The reversion of property to the state when an owner dies with no will and no known heirs.
"reversion of land" to the Crown when the owner dies intestate and without lawful heirs, or the land has forfeited to the crown for any cause.
Reversion of property to the state when a decedent dies without leaving a will or any heirs capable of inheriting, or when an owner has abandoned the property.
Assignment of property to the state because there is no verifiable legal owner typically, where there is no heir to property.
The transfer of title of property to the state if the owner dies intestate and without heirs. (Back to Terms list)
The reversion of property to the state in the event the owner thereof dies without leaving a will and has no family to whom the property may pass by lawful descent.
The reversion of ownership of property to the state when a person dies without leaving a will and has no heirs, or when the property is abandoned for a period of time.... read full article
The reversion of property to the state in the event the owner thereof dies leaving no will or heirs.
Property that reverts to the state when an individual dies without heirs and without a will.
(1) reversion of property to the state in the absence of legal heirs or claimants, (2) property that has reverted to the state when no legal heirs or claimants exist. [Note: for a the situation of a "limbo cession" as specified in a peace treaty after war, the title to the territory escheats to the principal occupying power as an interim status condition.
A situation in which the ownership of property reverts to the state when the owner dies without leaving a will.
The process by which a deceased person's property goes to the state if no heir can be found.
If a property owner dies without any heirs, the property reverts to the government this is called escheat.
The reverting of property to the state in the absence of heirs.
Abandoned property (e.g., bank account balances) that is turned over to the state. This will also occur when a person dies without a will. If the owner or heirs later appear, the property can be claimed from the state.
When a patentee died leaving no legal heir, and if no one had purchased that land from him, the patented land reverted to the crown or, in Northern Virginia after 1692, to the Proprietor of the Northern Neck.
The term which describes the reversion of property to the state in the event a person dies leaving no valid will and no heirs at law surviving him.
when there are no surviving beneficiaries or heirs and the state takes over the estate property.
The reversion of property to the state when a decedent dies intestate and there are no heirs capable of inheriting, or when the property is abandoned.
The reversion of title to a property to the state. Can occur when an owner dies with no legal heirs or when a corporate owner is dissolved by act of law or by voluntary act while holding legal title to the property.
Property that goes to the State when someone dies. This happens if the person does not have a Will or heirs. Or if someone does not claim what s/he inherited. The property first goes to the Unclaimed Property Division of the State Controller's Office. If no one claims the property, it belongs to the State.
reversion of private property to the State due to the intestate death of the owner who is not survived by any legal heir; or the confiscation of illegally acquired property.
the confiscation of property (of whatever type) by the Crown, generally as the consequence of a crime esow resolve; avoid
The right of a feudal lord to the return of lands held by his vassal, or the holding of a serf's land, should he either die without lawful heirs or suffer outlawry.
Property escheats to one of the states when a person dies without a will and there are no heirs. The term also applies to unclaimed properties held by transfer agents or issuers for securityholders. After a period of time, this property must be given to the state.
In the context of payroll, the turning over of unclaimed wages to the state after a period of time determined by state law.
(iss SHEET) Process by which the property of one who has died goes to the state if no heir can be found.
Reversion of property to the State by reason of failure to find persons legally entitled to hold or lack of heirs. The State must try to find heirs.
assigning property to the state when a person dies with no known beneficiaries or heirs.
Forfeiture of Title to property to the State – either Real or Personal.
The act of property reverting to the state in the event of an owner's dying without leaving a will (intestate) and having no legal heirs. Abandoned property also reverts to the state.
1. reversion of property to the State etc, in the absence of legal heirs. 2. property so affected impignorate to pledge, pawn or mortgage
The reversion of property to the state when an owner dies leaving no legal heirs, devisees or claimants.
The process by which assets of a person who dies intestate (without a will), without heirs, go to the state.
The right of the state to property in the absence of anyone to inherit it.
The transfer of property to the state because there are no beneficiaries or distributees to inherit the assets.
The reversion of property to the state when there are no devisees or heirs capable of inheritance. Reversion of property to the state upon the death of an owner who has no heirs able to inherit. Back to the Top
property, possessions or goods taken from a person by foreiture or confiscation ~~ fall
The transfer to a state of certain money and property after a period of time in which they are left unclaimed by the owner.
Escheat is an obstruction of the course of descent, and consequent determination of the tenure, by some unforeseen contingency, in which case the land naturally results back, by a kind of reversion, to the original grantor, or lord of the fee. It signifies a reversion of property to the state in consequence of a want of any individual competent to inherit.
The reversion of property to the state in the event that the owner dies without leaving a will and has no legal heirs.
The right of government that gives the state titular ownership of a property when its owner dies without a will or any ascertainable heirs.
The government's right to unclaimed property which is abandoned or which is left by a decedent who leaves no will and no heirs to inherit the property.
The process by which the assets of a deceased person pass to the provincial government when he or she dies without a will and without a spouse and next-of-kin.
The reversion of property to the state or county, as provided by state law, in cases where a decedent dies interstate without heirs capable of inheriting, or when the property is abandoned.
When the ownership of a property reverts to the state because the owner dies without leaving a will.
The reversion of property to the state or some agency of the state in the event that the owner dies leaving no leagally qualified heir to whom the property may pass by lawful descent.
The government power in which, ownership of a property reverts to the state when the owner dies without a will and leaves no heirs.
The reversion of property to the state in the event the owner thereof dies leaving no will and having no legally qualified heir to whom the property may pass by lawful descent.
The reverting of property to the state by reason of failure of person legally entitled to hold or when heirs capable of inheriting are lacking.
Escheat is a common law doctrine that operates to ensure that property is not left in limbo and ownerless. It originally referred to a number of situations where a legal interest in land was destroyed by operation of law, so that the ownership of the land reverted to the immediately superior feudal lord.
