Property Ownership
Texas escheat laws provide that property abandoned by its owner for a statutory period transfers to:
AThe federal government
BThe county where the property is located
CThe State of Texas Comptroller✓ Correct
DThe adjacent property owner
Explanation
Under Texas escheat laws, unclaimed or abandoned property (including certain real and personal property) is reported to and held by the Texas Comptroller. Owners can later reclaim the property from the state.
Related Texas Property Ownership Questions
- Texas oil and gas mineral rights can be severed from the surface rights. When mineral rights are severed, the mineral rights owner:
- Which type of deed in Texas provides the GREATEST protection to a buyer?
- Texas Property Code Chapter 82 governs condominiums. Under this chapter, a condominium owner holds:
- A Texas landowner who wants to preserve agricultural land for future generations while receiving tax benefits could use:
- Under Texas law, 'riparian rights' apply to owners of property that:
- Under Texas Property Code Chapter 209, homeowners associations (HOAs) governing single-family homes are required to:
- A Texas property owner dies intestate (without a will) leaving a surviving spouse and two adult children. Under Texas intestacy law, the community property typically:
- Under Texas law, a 'prescriptive easement' is created when a person:
Practice More Texas Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Texas Quiz →