Transfer Of TitleInvoluntary TransferMEDIUM
Escheat occurs when a property owner dies without a will or heirs. To whom does the property pass?
Correct Answer
B) To the state of Alaska
Escheat is the legal process by which property passes to the state when the owner dies intestate (without a will) and leaves no heirs. In Alaska, such property escheats to the state, not to a county or neighboring owners.
Answer Options
A
To the neighboring property ownersB
To the state of AlaskaC
It is considered abandoned and open to public useD
To the county governmentWhy This Is the Correct Answer
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Why the Other Options Are Wrong
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Deep Analysis of This Transfer Of Title Question
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Background Knowledge for Transfer Of Title
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Real World Application in Transfer Of Title
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Common Mistakes to Avoid on Transfer Of Title Questions
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Related Topics & Key Terms
Related Topics:
intestate
Key Terms:
escheat
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