The Real Estate Encyclopedia
Conversion
Category - Real Estate Glossary - Real Estate Terminology

1.   The unlawful appropriation or taking of another's property such as in the conversion of trust funds to personal use.

2.   Change from one legal form or use to another such as converting an apartment building to condominium use.

3. The change (under bancruptcy) to change under a chapter different that the original filing. This request may be efected upon request of either the debtor or a party in interest.

 

 
Category(s)
Real Estate Glossary - Real Estate Terminology
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