Property Ownership
Escheat is the process by which:
AThe government acquires property through condemnation
BProperty passes to the state when an owner dies without heirs and without a will✓ Correct
CA lender forecloses on a delinquent mortgage
DA tenant abandons leased property
Explanation
Escheat is the governmental power under which privately owned property reverts to the state when the owner dies without a will (intestate) and without any heirs to inherit.
Related Nebraska Property Ownership Questions
- In Nebraska, when two unmarried individuals purchase property with equal shares and the right of survivorship, they hold title as:
- The Nebraska Condominium Act governs:
- Tenancy by the entirety is a form of co-ownership available:
- A Nebraska property subject to a deed restriction prohibiting commercial use may still be used for a home-based business if:
- The government rectangular survey system divides land in Nebraska into townships of:
- A Nebraska property owner dedicates a strip of land along the front of their property to the city for sidewalk purposes. After dedication, the city owns:
- Tenancy in common differs from joint tenancy in that:
- A Nebraska property is subject to a restrictive covenant prohibiting commercial use. The covenant was created in 1985. It can be enforced by:
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