Property Ownership

Escheat refers to the process by which:

AGovernment acquires property through eminent domain
BA property owner transfers ownership to a trust
CProperty passes to the state when an owner dies without a will or heirs✓ Correct
DA lender takes title through foreclosure

Explanation

Escheat is a government right (one of the PETE powers) allowing the state to acquire ownership of property when the owner dies intestate (without a will) and no legal heirs can be identified.

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