Property Ownership
In Michigan, 'escheat' refers to:
AThe government's power to tax real property
BThe reversion of property to the state when an owner dies without heirs and without a will✓ Correct
CCondemnation of blighted property
DTransfer of property through adverse possession
Explanation
Escheat is the legal process by which property of a person who dies without a will and without heirs reverts to the state of Michigan. The state acts as the ultimate 'heir' to prevent ownerless property.
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