escheat

escheat
es·cheat 1 /is-'chēt/ n [Anglo-French eschete reversion of property, from Old French escheoite accession, inheritance, from feminine past participle of escheoir to fall (to), befall, ultimately from Latin ex- out + cadere to fall]
1: escheated property
2: the reversion of property to the state upon the death of the owner when there are no heirs
escheat 2 vt: to cause to revert by escheat
vi: to revert by escheat
es·cheat·able adj
es·crow 1 /'es-ˌkrō/ n [Anglo-French escroue deed delivered on condition, literally, scroll, strip of parchment, from Old French escroe]
1: an instrument and esp. a deed or money or property held by a third party to be turned over to the grantee and become effective only upon the fulfillment of some condition
2: a fund or deposit designed to serve as an escrow
in escrow: held as an escrow: in trust as an escrow
had $1000 in escrow to pay taxes compare trust
escrow 2 vt: to cause to be held as an escrow: place in escrow

Merriam-Webster’s Dictionary of Law. . 1996.

escheat
I verb be forfeited back, cede back, go back, hereditas caduca, obstruct the course of descent, recede, regress, relapse, retrocede, retrovert, return, reverse, revert, revert to the state, slip back, turn back associated concepts: forfeiture II index forfeit, relapse

Burton's Legal Thesaurus. . 2006


escheat
n.
The reversion of property to the state if it has no verifiable owner or anyone to inherit it.
v.
escheat

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


escheat
in feudal law, the reversion to the immediate feudal superior where the owner of an estate in fee died without heirs. In England and Wales, the last vestiges of the law of escheat were abolished in 1925; now land that becomes ownerless on the death of its owner goes to the Crown as bona vacantia. In the USA it is generally the case that land will escheat to the state or county if the owner dies intestate and no heirs are discoverable. See ultimus haeres.

Collins dictionary of law. . 2001.


escheat
The forfeit of all property to the state when a person dies without heirs, descendants, or named beneficiaries. Compare: intestate
Category: Wills, Trusts & Estates → Estates, Executors & Probate Court

Nolo’s Plain-English Law Dictionary. . 2009.

escheat
England, Wales
The process under common law by which freehold land in England and Wales, which has become ownerless, reverts to the Crown as the ultimate owner of all land. The Crown Estate deals with escheat where the land is within England and Wales but outside Cornwall and the County Palatine of Lancaster (where the respective Duchy authorities deal with escheat).
Examples of when freehold land becomes subject to escheat include, when:
• The Treasury Solicitor disclaims freehold land which had belonged to a dissolved company.
• A company liquidator disclaims freehold land which belonged to a company being wound up.
• A trustee in bankruptcy or the Official Receiver disclaims freehold land which belonged to an individual.
• A foreign company which owned freehold land in England or Wales is dissolved.
For further details, see the Crown Estate website

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


escheat
n. The transfer of property to government ownership when its owner dies without a will or any heirs; property that is so transferred.

Webster's New World Law Dictionary. . 2000.


escheat
The power of a state to acquire title to property for which there is no owner.

Dictionary from West's Encyclopedia of American Law. 2005.


escheat
I
The power of a state to acquire title to property for which there is no owner.
 II The process by which a deceased person's property goes to the state if no heir can be found.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

escheat
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.

Law dictionary. . 2013.

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Synonyms:
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Look at other dictionaries:

  • 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… …   Wikipedia

  • Escheat — Es*cheat , n. [OE. eschete, escheyte, an escheat, fr. OF. escheit, escheoit, escheeite, esheoite, fr. escheoir (F. [ e]choir) to fall to, fall to the lot of; pref. es (L. ex) + cheoir, F. choir, to fall, fr. L. cadere. See {Chance}, and cf.… …   The Collaborative International Dictionary of English

  • escheat — [es chēt′] n. [ME eschete < OFr, lit., that which falls to one < pp. of escheoir, to fall to one s share < VL * excadere, to fall upon < L ex , out + cadere, to fall: see CASE1] Law 1. the reverting of property to the lord of the… …   English World dictionary

  • Escheat — Es*cheat , v. t. (Law) To forfeit. Bp. Hall. [1913 Webster] …   The Collaborative International Dictionary of English

  • Escheat — Es*cheat , v. i. [imp. & p. p. {Esheated}; p. pr. & vb. n. {Escheating}.] (Law) 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. [1913 Webster]… …   The Collaborative International Dictionary of English

  • escheat — (n.) the reverting of land to a king or lord in certain cases, early 14c., from Anglo Fr. eschete (late 13c.), from O.Fr. eschete succession, inheritance, originally fem. pp. of escheoir, from L.L. *excadere to fall out, from L. ex out, away (see …   Etymology dictionary

  • escheat — escheatable, adj. /es cheet /, Law. n. 1. the reverting of property to the state or some agency of the state, or, as in England, to the lord of the fee or to the crown, when there is a failure of persons legally qualified to inherit or to claim.… …   Universalium

  • escheat — Reversion of monies or securities to the state in which the securityholder was last known to reside, when no claim by the securityholder has been made after a certain period of time fixed by state law. This is known as the holding period or cut… …   Financial and business terms

  • escheat — /əsˈtʃit/ (say uhs cheet) noun 1. (formerly) the reversion of land to the feudal lord or the Crown in the absence of heirs of the owner. 2. property or a possession which reverts by escheat. 3. the right to take property subject to escheat. –verb …  

  • escheat — es•cheat [[t]ɛsˈtʃit[/t]] Law. 1) law the reverting of property to the state or, as in England, to the crown when there are no legal heirs 2) law the right to take property subject to escheat 3) law (of property) to revert by escheat 4) law to… …   From formal English to slang

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