Escheated example sentences

"Escheated" Example Sentences

1. The abandoned property escheated to the state after the owner passed away.
2. The judge ordered that the estate be escheated to the rightful heirs.
3. Failure to claim the funds from the account resulted in them being escheated.
4. The bank account escheated after the account holder disappeared without a trace.
5. The property escheated to the government after the owner failed to pay taxes.
6. The escheated property was put up for sale by the state government.
7. The unclaimed funds were escheated to the state treasury.
8. The deed of the escheated property was transferred to the state after the owner died without heirs.
9. The escheated assets were used to fund public projects.
10. The state law dictates the circumstances under which property can be escheated.
11. The escheat process can be lengthy and complex.
12. The court ruled that the property belonged to the state and should be escheated.
13. The bank is required to report and escheat all dormant accounts.
14. The rightful owner of the escheated property can reclaim it by following the appropriate legal process.
15. The state government can escheat property for unpaid debts or taxes owed by the owner.
16. The escheated funds will be used to support programs for public benefit.
17. Escheating the abandoned property helped clear the title for resale.
18. The escheated assets may be invested to generate additional revenue for the state.
19. The state escheated the property and sold it to a private buyer.
20. The escheat laws vary by state, but generally require a waiting period before assets can be claimed by the state.
21. The escheated funds were distributed to various charitable organizations.
22. The escheated land was turned into a public park.
23. The state escheated the property after the owner failed to keep up with mortgage payments.
24. The escheated property was auctioned off to the highest bidder.
25. The bank was fined for failing to escheat dormant accounts in a timely manner.
26. The escheated assets included property, stocks, and cash.
27. The process of escheating property can provide revenue for the state budget.
28. The escheat laws are intended to prevent unclaimed assets from remaining abandoned.
29. The escheated estate was distributed to the rightful heirs after they were located.
30. The escheated property was in a state of disrepair and needed extensive renovation.

Common Phrases

1. The property was escheated to the state.
2. The money escheated after the owner passed away.
3. The unclaimed inheritance escheated to the government.
4. The abandoned land escheated to the county.
5. The assets escheated due to lack of activity.
6. The funds escheated to the state coffers.
7. The lost shares escheated to the company.
8. The unreturned security deposit escheated to the landlord.
9. The estate escheated to the next of kin.