Property Ownership
What is 'intestate escheat' in Oregon property law?
AThe transfer of property to heirs in a will
BThe transfer of a deceased person's property to the state when they die with no valid will and no heirs✓ Correct
CThe government's condemnation of abandoned property
DThe forfeiture of property for unpaid taxes
Explanation
Escheat is the legal process by which a deceased person's property passes to the State of Oregon when they die intestate (without a will) and have no living heirs or relatives who qualify under Oregon's intestate succession statutes. This ensures property is not left ownerless. Oregon's unclaimed property laws also apply to dormant bank accounts and other assets.
Related Oregon Property Ownership Questions
- The term 'bundle of rights' in real estate refers to:
- In Oregon, which property right is included in the 'bundle of rights' concept?
- Under Oregon law, which of the following is a characteristic of joint tenancy?
- An easement appurtenant is:
- In Oregon, which of the following is TRUE about condominiums and cooperatives?
- Under Oregon law, a property owner who has an outstanding judgment against them and then conveys the property to a new buyer — does the judgment lien follow the property?
- In Oregon, a homestead declaration provides which protection?
- Under Oregon water law, the doctrine that governs surface water rights is:
Practice More Oregon Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Oregon Quiz →