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escheat

   Also found in: Legal, Financial, Wikipedia, Hutchinson 0.01 sec.
es·cheat  (s-cht)
n.
1. Reversion of land held under feudal tenure to the manor in the absence of legal heirs or claimants.
2. Law
a. Reversion of property to the state in the absence of legal heirs or claimants.
b. Property that has reverted to the state when no legal heirs or claimants exist.
intr. & tr.v. es·cheat·ed, es·cheat·ing, es·cheats Law
To revert or cause to revert by escheat.

[Middle English eschete, from Old French (from escheoir, to fall out) and from Anglo-Latin escheta, both from Vulgar Latin *excadre, to fall out : Latin ex-, ex- + Latin cadere, to fall; see kad- in Indo-European roots.]

es·cheata·ble adj.

escheat [iss-cheat] Law
Noun
1. formerly, the return of property to the state in the absence of legal heirs
2. the property so reverting
Verb
to obtain (land) by escheat [Old French escheoir to fall to the lot of]

Escheat of lawyers—Lipton, 1970.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.escheat - a reversion to the state (as the ultimate owner of property) in the absence of legal heirs
law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"
reversion - (law) an interest in an estate that reverts to the grantor (or his heirs) at the end of some period (e.g., the death of the grantee)
2.escheat - the property that reverts to the state
transferred possession, transferred property - a possession whose ownership changes or lapses

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A city's zoning ordinances are the single most affective tool to implement the general plan, however, on the fringes, land use can be shaped through the governments right of taxation, eminent domain, and escheat (the right for the government to assume title in certain estate situation).
The lettres-patentes rendered the "Portuguese Merchants" neither full-fledged, "natural" or "native" subjects of the French king, nor foreigners, at least in the sense that these "Portuguese" New Christians (as distinct from "true" Portuguese merchants residing in places like Paris), were exempt from the royal Right of Escheat (droit d'aubaine), according to which foreigners could not bequeath and/or inherit property and did not enjoy the legal protections afforded "natural" subjects.
At the lower end of the scale, she noted, control areas include escheat, payroll taxes, and excise taxes.
 
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