Property Ownership
The right of 'escheat' in South Carolina means:
AThe right of a landlord to evict a non-paying tenant
BThe government's right to take property when someone dies without heirs and no will✓ Correct
CThe right of creditors to claim property for unpaid debts
DThe right of adjacent landowners to acquire abandoned property
Explanation
Escheat is the government's right to take property when a person dies intestate (without a will) and with no eligible heirs. The property reverts to the state of South Carolina.
People Also Study
Related South Carolina Questions
- When a South Carolina property owner dies without a will (intestate), their real property passes according to:Property Ownership
- South Carolina is an 'attorney state' for real estate closings. This means:Escrow & Title
- A South Carolina property owner who grants a neighbor permission to cross their land for a specific purpose (e.g., fishing) without creating a permanent right has granted:Property Ownership
- Which type of real estate license in South Carolina allows a person to operate as a property manager without being affiliated with a broker?South Carolina License Law
- In South Carolina, 'police power' as applied to real estate means the government can:Property Ownership
- The 'bundle of rights' in South Carolina real estate includes the right to 'encumber' property. This means the owner may:Property Ownership
- Which state agency licenses and regulates real estate professionals in South Carolina?South Carolina License Law
- South Carolina's property management licensing requirement specifies that a person who manages residential property for others for compensation must:South Carolina License Law
Key Terms to Know
Easement
A non-possessory right to use another person's land for a specific purpose.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Fee SimpleThe highest and most complete form of property ownership — absolute ownership with the right to use, sell, or pass the property to heirs.
Joint TenancyCo-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
Study This Topic
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 →