escheat law

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• escheat — es·cheat 1 /is chēt/ n [Anglo French eschete reversion of property, from Old French escheoite accession, inheritance, from feminine past participle of escheoir to fall (to), befall, ultimately from Latin ex out + cadere to fall] 1: escheated… …   Law dictionary

• Escheat — is a common law doctrine that operates to ensure that property is not left in limbo and ownerless. It originally referred to a number of situations where a legal interest in land was destroyed by operation of law, so that the ownership of the… …   Wikipedia

• Escheat — Es*cheat , n. [OE. eschete, escheyte, an escheat, fr. OF. escheit, escheoit, escheeite, esheoite, fr. escheoir (F. [ e]choir) to fall to, fall to the lot of; pref. es (L. ex) + cheoir, F. choir, to fall, fr. L. cadere. See {Chance}, and cf.… …   The Collaborative International Dictionary of English

• escheat — [es chēt′] n. [ME eschete < OFr, lit., that which falls to one < pp. of escheoir, to fall to one s share < VL * excadere, to fall upon < L ex , out + cadere, to fall: see CASE1] Law 1. the reverting of property to the lord of the… …   English World dictionary

• Law French — is an archaic language originally based on Old Norman and Anglo Norman, but increasingly influenced by Parisian French and, later, English. It was used in the law courts of England, beginning with the Norman Conquest by William the Conqueror. Its …   Wikipedia

• Escheat — Es*cheat , v. t. (Law) To forfeit. Bp. Hall. [1913 Webster] …   The Collaborative International Dictionary of English

• Escheat — Es*cheat , v. i. [imp. & p. p. {Esheated}; p. pr. & vb. n. {Escheating}.] (Law) To revert, or become forfeited, to the lord, the crown, or the State, as lands by the failure of persons entitled to hold the same, or by forfeiture. [1913 Webster]… …   The Collaborative International Dictionary of English

• escheat — Reversion of monies or securities to the state in which the securityholder was last known to reside, when no claim by the securityholder has been made after a certain period of time fixed by state law. This is known as the holding period or cut… …   Financial and business terms

• escheat — escheatable, adj. /es cheet /, Law. n. 1. the reverting of property to the state or some agency of the state, or, as in England, to the lord of the fee or to the crown, when there is a failure of persons legally qualified to inherit or to claim.… …   Universalium

• escheat — es•cheat [[t]ɛsˈtʃit[/t]] Law. 1) law the reverting of property to the state or, as in England, to the crown when there are no legal heirs 2) law the right to take property subject to escheat 3) law (of property) to revert by escheat 4) law to… …   From formal English to slang

• escheat — /as(h)chiyt/ A reversion of property to the state in consequence of a want of any individual competent to inherit. Escheat at feudal law was the right of the lord of a fee to re enter upon the same when it became vacant by the extinction of the… …   Black's law dictionary