Multiple choice

To acquire the property of a person who does not have any legal successor is known as

  1. special assessment

  2. forfeiture

  3. escheat

  4. tax

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

It is known as escheat. When government acquires the property of a person who does not have any legal successor or heir, it is escheat. Hence, acquiring the property of a person who does not have any legal successor is known as escheat.