Property Ownership
In North Dakota, 'escheat' is the process by which:
AA property owner transfers title to their heirs
BProperty reverts to the state when an owner dies without heirs and without a will✓ Correct
CA bank takes ownership through foreclosure
DA tenant acquires ownership through adverse possession
Explanation
Escheat is the legal process by which property transfers to the state when the owner dies intestate (without a will) and has no legal heirs. It ensures that property does not become ownerless. States hold escheated property and may allow later claimants to recover it within statutory periods.
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