equitable conversion doctrine

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• Equitable conversion — is a doctrine of the law of real property under which a purchaser of real property becomes the equitable owner of title to the property at the time he/she signs a contract binding him/her to purchase the land at a later date. The seller retains… …   Wikipedia

• equitable conversion — The exchange of property from real to personal or from personal to real, which takes place under some circumstances in the consideration of the law, such as, to give effect to directions in a will or settlement, or to stipulations in a contract,… …   Black's law dictionary

• equitable conversion — The exchange of property from real to personal or from personal to real, which takes place under some circumstances in the consideration of the law, such as, to give effect to directions in a will or settlement, or to stipulations in a contract,… …   Black's law dictionary

• conversion — [kən vʉr′zhən, kən vʉr′shən] n. [ME conversioun < OFr conversion < L conversio < pp. of convertere: see CONVERT] 1. a converting or being converted; specif., a) a change from lack of faith to religious belief; adoption of a religion b) a …   English World dictionary

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• Maxims of equity — The maxims of equity evolved, in Latin and eventually translated into English, as the principles applied by courts of equity in deciding cases before them.[1] Among the traditional maxims are: Contents 1 Equity regards done what ought to be done… …   Wikipedia

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