Escheat occurs when property reverts to the state upon the owner's death without a will.

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Prepare for the Real Estate Ownership Exam with multiple choice questions, flashcards, and detailed explanations. Master land use controls and financing to excel on your test.

Multiple Choice

Escheat occurs when property reverts to the state upon the owner's death without a will.

Explanation:
Escheat is the process by which property reverts to the state when there is no one left who can inherit the owner’s property, typically because the owner dies intestate (without a will) and there are no legal heirs to claim it. This mechanism prevents property from becoming ownerless and assigns it to public ownership. The statement aligns with that idea: without a will, if no eligible heirs can be identified, the property can escheat to the state. The other terms—building permits, zoning ordinances, and a buffer zone—are all about regulating how land is used, not about who owns it after death.

Escheat is the process by which property reverts to the state when there is no one left who can inherit the owner’s property, typically because the owner dies intestate (without a will) and there are no legal heirs to claim it. This mechanism prevents property from becoming ownerless and assigns it to public ownership. The statement aligns with that idea: without a will, if no eligible heirs can be identified, the property can escheat to the state. The other terms—building permits, zoning ordinances, and a buffer zone—are all about regulating how land is used, not about who owns it after death.

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