Escheat : Sounds Like Oh S#@% !

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Education & Training with (retired) TN LIC# 290452

                                              escheat

Escheat is a way in which the state can get their hands on privately owned private property or real estate when an owner dies without any heirs or a will that presents some kind of final disposition for the personal property or real estate.

Sometimes it goes to the state and sometimes it stays in the county where the owner died.

The state basically just doesn't want the property to be abandoned and left without an owner or without any final disposition.

Have you had to deal with escheat?

Posted by



David Saks



Time&Temp Memphis

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Julie Chapman
DR Horton - Lakeland, FL
New Homes Sales Lakeland Florida
Only in agent training and questions from my Realtors who are taking continuing education or about to take their broker's exam.......
Apr 26, 2008 09:18 PM #1
Rainmaker
1,570,174
David Saks
(retired) - Memphis, TN
Could come up state challenged if heirs, wanting to dispose of the property, surface. Thanks, Julie.
Apr 28, 2008 05:47 AM #2
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