Equitable Conversion - Law Dictionary Search Results
equitable conversion
equitable conversion see conversion
conversion
a preset ratio or price and at a preset time equitable conversion : the constructive conversion of real property into personal property … instructions to sell real estate and divide the proceeds NOTE: Equitable conversion is a legal fiction under which the seller of a
Conversion, equitable
Conversion, equitable. It is an established principle that money directed to be
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Trust for sale
estate in the land but only in the proceeds (see EQUITABLE ESTATES) so long as the trust continued. A testamentary trust … unless they elected to take the property as realty (see CONVERSION), except that upon a lapse of the devise of realty
Estate
in property other than land; a legal estate or an equitable estate, land being an immovable is capable of being the … AIR 1970 SC 1795 (1804). [Tamil Nadu Estates (Abolition and Conversion into Ryotwari) Act, (26 of 1948), s. 66] S. 4(7)
mortgage
: a mortgage that is not guaranteed by government agency equitable mortgage : a constructive or implied mortgage : a transaction … mortgage that burdens all present and future property home equity conversion mortgage : reverse mortgage in this entry judicial mortgage in
Implied trusts
trusts. an implied trust is one which arises from an equitable construction put upon the facts, conduct, or situation of parties. … affected by any change of that form: and whether the conversion be in pursuance or in breach of the trustee's duty
Pawn or Pledge
becomes absolute at law; and the pledgor has only an equitable right to redeem. If, however, it be a mere pledge, … stranger for any injury done to it, or for any conversion of it. Goods pawned are not liable to be taken
Workmen's Compensation Act
question of compensation to the proper tribunal, subject to an equitable order for costs (Workmen's Compensation Act, 1925, s. 25). Compensation … manufacture, processing, fabrication, erection, installation, fitting out, improvement, modification, repair, conversion or commissioning of any movable property. [Rajasthan Tax on Entry
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