Property Ownership

In South Carolina, 'escheat' means:

AThe government's right to tax real property
BWhen property passes to the state because the owner died without a will and no heirs can be found✓ Correct
CA lien placed on property for unpaid taxes
DA government purchase of property at market value

Explanation

Escheat is the reversion of property to the state when an owner dies intestate (without a will) and no heirs can be located, or when property is abandoned. It is one of the government's real property powers.

Related South Carolina Property Ownership Questions

Practice More South Carolina Real Estate Questions

1,500+ questions covering all exam topics. Start free — no signup required.

Take the Free South Carolina Quiz →