Transfer Of TitleInvoluntary_transferMEDIUM
Escheat:
Correct Answer
B) Owner dies without will or heirs — property to state
Property reverts to the state.
Answer Options
A
AuctionB
Owner dies without will or heirs — property to stateC
CondemnationD
Unpaid taxesWhy This Is the Correct Answer
Sign up free to unlock full analysis
Why the Other Options Are Wrong
Sign up free to unlock full analysis
Deep Analysis of This Transfer Of Title Question
Sign up free to unlock full analysis
Background Knowledge for Transfer Of Title
Sign up free to unlock full analysis
Sign up free to unlock full analysis
Real World Application in Transfer Of Title
Sign up free to unlock full analysis
Common Mistakes to Avoid on Transfer Of Title Questions
Sign up free to unlock full analysis
Related Topics & Key Terms
Related Topics:
intestate-successionPETE-government-powerseminent-domaintax-lienNM-probate-law
Key Terms:
escheatintestateno heirsPETEgovernment powersstate ownership
Was this explanation helpful?
More Transfer Of Title Questions
In Texas, property is reassessed for tax purposes:
Property tax protests in Texas must be filed by:
In Pennsylvania, transfer tax is typically paid by:
Utah property taxes are:
Washington's Real Estate Excise Tax rate is:
- → Missouri residential property is assessed at what percentage of market value?
- → Minnesota offers property tax refunds through:
- → In Mississippi, real estate documents are recorded with which official?
- → Alaska has no state transfer tax:
- → Wyoming property taxes are:
- → Abstract of title:
- → Wyoming has:
- → Wyoming has which type of transfer tax?
- → New Mexico has which type of transfer tax?
- → Washington's property tax exemptions include:
People Also Study
Buyer Representation Agreement
8% of exam
Property Ownership
10% of exam
Land Use Controls and Regulations
8% of exam
Valuation and Market Analysis
10% of exam