IPA: /ɪsˈtʃiːt/
KK: /ɪsˈtʃit/
The process by which property returns to the state or a lord when there are no legal heirs or claimants to inherit it.
After many years without any heirs, the estate was subject to escheat.
To revert property to the state or government when there are no legal heirs or claimants.
The property will escheat to the state if no one claims it after the owner's death.
Past: escheated
Past Participle: escheated
Escheat comes from Old French 'eschete' (meaning to fall to) and is derived from the Latin 'excadere' (meaning to fall out or to fall away). The term originally referred to property that reverted to the state when an owner died without heirs.
Think of property 'falling away' ('excadere') to the state when there are no heirs — that's why escheat means the reversion of property.