Conversion - sustany/dvg GitHub Wiki

Conversion is an intentional tort which occurs when a party takes the chattel property of another with the intent to deprive them of it. Conversion is not applicable to real property.�

For the purposes of conversion, �intent� merely means the objective to possess the property or exert property rights over it. As a result, a party is liable for conversion regardless of their knowledge of property�s ownership status. For example, a person who picks up a necklace off the ground with the intent to resell it because they erroneously believed it was abandoned still converted that necklace.�

The standard remedy for conversion is return of the property in question or damages for the fair market value of the property.�