Damages for Conversion: Everything you need to know In a conversion case, the rewards sought by the plaintiff are damages for conversion. They serve as restitution for genuine losses of personal property. An individual’s right to use or possess their…
What is an example of Conversion Law? Depriving someone else of the right to use or possess their personal property is known as conversion. The property in question is personal property, not “real property,” which is typically defined as land…
Is Conversion Law only applicable in property and civil cases? When someone “converts” an asset, they restrict access to and management of the asset for the legitimate owner. When money or assets are transferred, the theft of conversion can happen.…
How are disputes settled between partners in business? Disputes between business partners can be a significant challenge and can cause significant damage to the business. Such disputes can arise from simple disagreements over strategy, finances or even personal issues. Here…
Can a contract prohibit something that is legal? It is entirely possible to make and enforce a contract that forbids you from doing anything that is within your legal rights. One illustration would be a parent offering their child money…
How do real property and personal property differ? All property falls into two categories: real or personal property. A very straightforward criterion, if you can physically move and object helps determine whether something is regarded as real property or personal…
How do I get out of HOA fees when buying a condo? Management, finances, or other operational issues with the HOA are the most common driving factors behind a neighborhood’s or multi-unit building’s desire to sever ties with the HOA.…
Are you legally obligated to join a homeowners association? While some HOAs allow voluntary participation, others require membership. A required membership community does require residents to join the association, pay dues, and abide by community rules. In this case, the…
How do homeowners associations work? A homeowners association is an independently run group in “common-interest” communities where residents contribute dues to the upkeep of their neighborhood or individual apartments. HOAs are primarily managed by local homeowners who serve as unpaid…
What is an alternative dispute resolution? Any way of resolving conflicts without going to court is referred to as alternative dispute resolution (ADR). ADR describes all methods and procedures for resolving disputes that take place independently of any governing body.…