equitable conversion
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 16 U.S. 563 - Craig v. Leslie · 1818Most cited · 128 citing opinions
money/land directed to be converted
nothing is better established than this principle, that money directed to be employed in the purchase of land, and land directed to be sold and turned into money, are to be considered as that species of property into which they are directed to be converted, and this, in whatever manner the direction is given... The owner of the fund, or the contracting parties, may make land money, or money land.
How often courts cite the cases defining “equitable conversion”
Court decisions citing the 2 opinions that defined “equitable conversion” — 238 in all, by decade. Counts are citations to the defining cases as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.
All 2 definitions, chronological · 1818–1868
Equity considers that as done which is agreed to be done. Money which, according to a will or agreement, is to be invested in land, is regarded, in equity, as real estate; and land which is to be converted into money, is regarded as money, and treated accordingly.