Property Ownership

What is 'escheat' in Delaware property law?

AThe process of clearing title of old liens
BThe reverting of property to the state when an owner dies without heirs or a will✓ Correct
CA form of inheritance tax on large estates
DThe process of removing squatters from a property

Explanation

Escheat is the legal principle by which real property reverts to the state of Delaware when a person dies without a will (intestate) and has no legal heirs to inherit the property.

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