Property Ownership
In Minnesota, 'escheat' occurs when:
AA property owner fails to pay property taxes
BA person dies without a will and without identifiable heirs, and their property passes to the state✓ Correct
CA government agency takes property for public use
DA lender forecloses on a delinquent mortgage
Explanation
Escheat is the reversion of property to the state when a person dies intestate (without a will) and without identifiable heirs. Minnesota, like all states, has an escheat law to prevent property from being ownerless. The state takes title through the probate process after a search for heirs is exhausted.
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