Andhra Pradesh Escheats and Bona Vacantia Act, 1974

Andhra Pradesh Escheats and Bona Vacantia Act, 1974

General197418 sections

The Andhra Pradesh Escheats and Bona Vacantia Act, 1974 provides a legal framework for the state government to manage, safeguard, and claim ownerless property within Andhra Pradesh. It applies to movable and immovable assets left by individuals dying without legal heirs or property lacking an identifiable owner. Local officers, such as District Collectors, are empowered to investigate unclaimed assets, take temporary custody, and issue public declarations. This legislation prevents unlawful encroachment on abandoned assets, ensures orderly management of unclaimed wealth, and protects rightful claimants by prohibiting the sale of escheated real estate for twelve years.

PDF: pending for this language.