Escheat
Transfer of heirless property to the Crown / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Escheator?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
Escheat /ɪsˈtʃiːt/[1][2] (from the Latin excidere for "fall away") is a common law doctrine that transfers the real property of a person who has died without heirs to the crown or state. It serves to ensure that property is not left in "limbo" without recognized ownership. It originally applied 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.
The examples and perspective in this article deal primarily with England and Wales and do not represent a worldwide view of the subject. (December 2017) |