David Saks

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Escheat : Sounds Like Oh S#@% !


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?

David Saks

Time&Temp Memphis

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Mr.Saks' participation in ActiveRain ended April 13, 2015.

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Comment balloon 2 commentsDavid Saks • April 27 2008 01:18AM
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