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. Acts of conversion strip a company of its money and assets and may need to be resolved through litigation.
Only personal property is subject to a claim for conversion; real property is not. Real property is land or buildings that are affixed to it, such as a house. All types of non-real property fall under the category of personal property. Real estate is not subject to conversion. Hence an action for conversion often only pertains to personal property. Rotzler v. Waldron, 862 F. Supp. 763 (N.D.N.Y 1994).
Furthermore, only tangible items or tangible proof of a title to real or intangible property qualify as personal property that can be converted. If the money in question can be recognized, it can be the object of conversion. Against Gordon, Allen, 429 So. 2d 369 (Fla. Dist. Ct. App. 1st Dist. 1983)
