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escheat |
Also found in: Legal, Financial, Wikipedia, Hutchinson | 0.01 sec. |
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
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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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