Property Ownership
Escheat is the process by which:
AA property is foreclosed by a lender
BProperty passes to the state when an owner dies without a will or heirs✓ Correct
CAn easement is extinguished
DA property is divided through probate
Explanation
Escheat is the reversion of property to the state when a person dies intestate (without a will) and there are no eligible heirs to inherit the property.
Related Indiana Property Ownership Questions
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