equitable conversion
Defined in 4 dictionaries — Case Law, Cyclopedic (1922), Ballentine's (1916), Bouvier (1914)
Definitions from Case Law
From 16 U.S. 563 - Craig v. Leslie · 1818Most cited · 128 citing opinions
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.
The Cyclopedic Law Dictionary
Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
See "Conversion."
Ballentine's Law Dictionary
James A. Ballentine · 1916
Treating real property as personal, or the reverse, to carry out a testator’s intention or to secure the rights of the parties. See 128 111. 430, 15 Am. St. Rep. 120, 21 N. E. 503.
Bouvier's Law Dictionary and Concise Encyclopedia
John Bouvier; revised by Francis Rawle · 1914
See Conversion.