Logourl black

Equitable conversion

Definition

(1) The judicial treatment of real property as personal property, or vice versa, for reasons of fairness. (2) A doctrine of property law under which a buyer of real property becomes the property’s equitable owner upon the signing of the purchase contract, and bears any subsequent risk of loss.

Related Rules [?]


The related rules section is for members only and includes a compilation of all the rules of law in Quimbee's database relating to this key term.

To access the related rules, please start your free trial or log in.