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Escheat

The passing of an interest in land to the state when a decedent has no heirs or devisees. 

Definition from Nolo’s Plain-English Law Dictionary

The forfeit of all property to the state when a person dies without heirs, descendants, or named beneficiaries. Compare: intestate

Definition provided by Nolo’s Plain-English Law Dictionary.

August 19, 2010, 5:15 pm