Escheat property is best described as which of the following?
A) Property Possessed by a Local Government, but Whose Use is Restricted by a Higher Government
B) Property a Government Obtains and Holds for the Rightful Owner in the Absence of Claimants or Heirs
C) Property Gifted to the Government by Private Citizens
D) Property the Government Obtains Via Eminent Domain
Correct Answer:
Verified
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