Property Ownership

In South Dakota, 'escheat' refers to:

AThe transfer of property to a new owner after probate
BThe reversion of property to the state when a person dies without heirs and without a will✓ Correct
CThe foreclosure process for delinquent property taxes
DThe government's purchase of agricultural conservation easements

Explanation

Escheat is the doctrine by which the state acquires property when a person dies intestate with no legal heirs, preventing property from having no owner.

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