escheat

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es·cheat

 (ĭs-chēt′)
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 *excadēre, to fall out : Latin ex-, ex- + Latin cadere, to fall; see kad- in Indo-European roots.]

es·cheat′a·ble adj.

escheat

(ɪsˈtʃiːt) law
n
1. (Law) (in England before 1926) the reversion of property to the Crown in the absence of legal heirs
2. (Law) (in feudal times) the reversion of property to the feudal lord in the absence of legal heirs or upon outlawry of the tenant
3. (Law) the property so reverting
vb
(Law) to take (land) by escheat or (of land) to revert by escheat
[C14: from Old French eschete, from escheoir to fall to the lot of, from Late Latin excadere (unattested), from Latin cadere to fall]
esˈcheatable adj
esˈcheatage n

es•cheat

(ɛsˈtʃit)
Law. n.
1. the reverting of property to the state or, as in England, to the crown when there are no legal heirs.
2. the right to take property subject to escheat.
v.i.
3. (of property) to revert by escheat.
v.t.
4. to take or confiscate by escheat.
[1250–1300; Middle English eschete < Old French eschete, escheoite, feminine past participle of escheoir < Vulgar Latin *excadēre to fall to a person's share = Latin ex- ex-1 + cadere to fall (Vulgar Latin *cadēre)]
es•cheat′a•ble, adj.
es•cheat′or, n.

Escheat

 of lawyers—Lipton, 1970.

escheat


Past participle: escheated
Gerund: escheating

Imperative
escheat
escheat
Present
I escheat
you escheat
he/she/it escheats
we escheat
you escheat
they escheat
Preterite
I escheated
you escheated
he/she/it escheated
we escheated
you escheated
they escheated
Present Continuous
I am escheating
you are escheating
he/she/it is escheating
we are escheating
you are escheating
they are escheating
Present Perfect
I have escheated
you have escheated
he/she/it has escheated
we have escheated
you have escheated
they have escheated
Past Continuous
I was escheating
you were escheating
he/she/it was escheating
we were escheating
you were escheating
they were escheating
Past Perfect
I had escheated
you had escheated
he/she/it had escheated
we had escheated
you had escheated
they had escheated
Future
I will escheat
you will escheat
he/she/it will escheat
we will escheat
you will escheat
they will escheat
Future Perfect
I will have escheated
you will have escheated
he/she/it will have escheated
we will have escheated
you will have escheated
they will have escheated
Future Continuous
I will be escheating
you will be escheating
he/she/it will be escheating
we will be escheating
you will be escheating
they will be escheating
Present Perfect Continuous
I have been escheating
you have been escheating
he/she/it has been escheating
we have been escheating
you have been escheating
they have been escheating
Future Perfect Continuous
I will have been escheating
you will have been escheating
he/she/it will have been escheating
we will have been escheating
you will have been escheating
they will have been escheating
Past Perfect Continuous
I had been escheating
you had been escheating
he/she/it had been escheating
we had been escheating
you had been escheating
they had been escheating
Conditional
I would escheat
you would escheat
he/she/it would escheat
we would escheat
you would escheat
they would escheat
Past Conditional
I would have escheated
you would have escheated
he/she/it would have escheated
we would have escheated
you would have escheated
they would have escheated
ThesaurusAntonymsRelated WordsSynonymsLegend:
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
Translations
References in periodicals archive ?
For the property right, non-Liberians no more five acres for homestead which is freely alienable and maybe inherited; real estate property of no more 50 acres for industrial use or no more 1000 acres for agricultural use, purchased with development plan and intent to commence development no more than two years from date of purchase, that failure to develop within two years of the date leads to forfeiture at which time the property escheats to the state.
674 (1965), the Supreme Court established that unclaimed property first escheats to the state of the owner's address according to the holder's records, i.
If neither state escheats gift cards, the state of sale may step in and exercise its right of escheat.
In modern escheats of unclaimed property, the state does not take title, but rather acts as a perpetual custodian until a beneficial owner comes forward; in this respect, the unclaimed-property laws of all fifty-five U.
Reduce workloads involving abandoned property that is returned to the state, or escheats.
If a creditor fails to receive escheatable property from a holder after a statutory dormancy period--whether due to the creditor's death, abandonment, or failure to claim--the property automatically escheats, by law, to the state.
The panel also recommended using a portion of the state Escheats Fund or money for state government pensions to invest in bioscience companies.
They hold transcripts of charters, patent rolls, escheats, wills, petitions and other family, legal and land records, written in Anglo-Norman French, Latin and old English.
The holder of unclaimed property must submit an annual report to the state in which the property escheats.
The literary fund is a constitutional perpetual fund for school purposes that receives escheats, fines, forfeitures, unclaimed property, and unclaimed lottery prizes.
In summary, if the holder of unclaimed property can determine the state of the property owner's residence using registration address data, then the holder escheats the property to that state (see Exhibit 1).
It thus held that owner-unknown property escheats to the state in which the debtor is incorporated.