NOUN | possession | escheat | a reversion to the state / state (as the ultimate owner of property) in the absence of legal heirs |
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possession | escheat | the property that reverts to the state / state |
Meaning | A reversion to the state / state (as the ultimate owner of property) in the absence of legal heirs. | |
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Category | law, jurisprudence | The collection of rules imposed by authority |
Broader | 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) |
Spanish | reversión |
Meaning | The property that reverts to the state / state. | |
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Broader | transferred property, transferred possession | A possession whose ownership changes or lapses |
Spanish | reversión |
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