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Qué (quién) es escheat - definición
COMMON LAW DOCTRINE THAT HEIRLESS PROPERTY SHALL BE INHERITED BY THE CROWN
Escheator; Escheatment; Escheats
![forfeited]] as they were British (and not American) citizens. [[Daniel Boone]] was listed as member of jury. (July 1780)](https://commons.wikimedia.org/wiki/Special:FilePath/Jury finding Kentucky County Virginia John Connolly Daniel Boone 1780.jpg?width=200 "forfeited]] as they were British (and not American) citizens. [[Daniel Boone]] was listed as member of jury. (July 1780)")
Escheat
·vt To Forfeit.
II. Escheat ·noun That which falls to one; a reversion or return.
III. Escheat ·noun Lands which fall to the lord or the State by escheat.
IV. Escheat ·noun A writ, now abolished, to recover escheats from the person in possession.
V. Escheat ·noun The reverting of real property to the State, as original and ultimate proprietor, by reason of a failure of persons legally entitled to hold the same.
VI. Escheat ·vi To revert, or become forfeited, to the lord, the crown, or the State, as lands by the failure of persons entitled to hold the same, or by forfeiture.
VII. Escheat ·noun The falling back or reversion of lands, by some casualty or accident, to the lord of the fee, in consequence of the extinction of the blood of the tenant, which may happen by his dying without heirs, and formerly might happen by corruption of blood, that is, by reason of a felony or attainder.
escheat
[?s't?i:t, ?s-]
chiefly historical
¦ noun the reversion of property to the state, or (in feudal law) to a lord, on the owner's dying without legal heirs.
¦ verb revert or cause to be reverted as an escheat.
Origin
ME: from OFr. eschete, based on L. excidere 'fall away', from ex- 'out of, from' + cadere 'to fall'.
escheat
n. from old French eschete, which meant "that which falls to one," the forfeit of all property (including bank accounts) to the state treasury if it appears certain that there are no heirs, descendants or named beneficiaries to take the property upon the death of the last known owner.
Wikipedia
Escheat
Escheat is a common law doctrine that transfers the real property of a person who has died without heirs to the crown or state. It serves to ensure that property is not left in "limbo" without recognized ownership. It originally applied to a number of situations where a legal interest in land was destroyed by operation of law, so that the ownership of the land reverted to the immediately superior feudal lord.
Ejemplos de uso de escheat
1. US states have the "escheat" process where monies held by banks after seven years become part of their budget.