Property Ownership
In California, personal property of a deceased person who dies intestate (without a will) and has no known heirs ultimately passes to:
AThe state of California under the doctrine of escheat✓ Correct
BThe nearest neighbor
CThe federal government
DThe county where the property is located
Explanation
Escheat is the process by which property of a person who dies without a will and without heirs passes to the state. In California, after a period of time, unclaimed property escheats to the state Controller's office under the Unclaimed Property Law.
Related California Property Ownership Questions
- Which form of co-ownership includes the right of survivorship?
- A 'tenancy in severalty' means the property is owned by:
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- What type of property ownership gives a condominium owner fee simple title to the interior space of their unit?
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