Property Ownership
The government's power of escheat allows the state to acquire property when:
AA property owner fails to pay taxes
BAn owner dies without a will and without known heirs✓ Correct
CThe government needs the property for a public road
DA property is abandoned for more than 10 years
Explanation
Escheat is the power of the state to acquire property when an owner dies intestate (without a will) and has no known heirs. It prevents property from becoming ownerless.
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Key Terms to Know
Joint Tenancy
Co-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
Tenancy in CommonCo-ownership where two or more people hold undivided interests that need not be equal and pass to each owner's heirs — no right of survivorship.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
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