Outrageously Funny Word Dictionary :: Escheatable

👉 The term "escheatable" is a legal concept in property law that refers to an object or asset that can be transferred without the need for formal transfer of title. It's similar to a conveyance, but it involves transferring ownership of the asset directly from one person to another. In the context of escheatability, this means that the transfer of ownership of an escheated property is not subject to formal legal proceedings or court action, which means that the property can be transferred without

escheatable