Property Ownership

What is 'escheat' and when does it apply in Idaho?

AThe process of recording a deed with the county
BThe reversion of property to the state of Idaho when the owner dies intestate with no qualifying heirs✓ Correct
CForeclosure of property for unpaid taxes
DGovernment acquisition of property through eminent domain

Explanation

Escheat is the reversion of property ownership to the state when a person dies without a will and has no heirs qualified to inherit under Idaho's intestate succession laws. Escheat ensures that all property has an owner.

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