Property Ownership

Escheat in New Hampshire occurs when:

AA property is condemned for public use
BA property owner dies without a will and without any heirs, causing the property to pass to the state✓ Correct
CA municipality revokes a building permit
DA bank forecloses on a delinquent mortgage

Explanation

Escheat is the reversion of property to the state when an owner dies intestate (without a will) and without any legal heirs. It prevents property from becoming ownerless.

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