1. reverting property to the state or crown when the owner dies without heirs or when property is abandoned
Usage: legal

Examples

• The abandoned property is escheating to the state after years of unpaid taxes.
• When no heirs could be found, the estate began escheating to the government.
• The lawyer explained that unclaimed bank accounts risk escheating if left dormant too long.
• Old mining claims are escheating back to federal ownership.
• The court ruled that the property was escheating due to lack of legal heirs.
• Escheating laws vary by state regarding how long property must remain unclaimed.