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Proposals Relating to Ademption by Equitable Conversion

HomeProposals Relating to Ademption by Equitable...
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Proposals Relating to Ademption by Equitable Conversion Oct 1984

Ademption resulting from equitable conversion has had unjust consequences for beneficiaries. This report proposes amendment of The Wills Act to provide that when a testator enters into an agreement for sale of devised property, the beneficiary takes the interest of the testator under the agreement, mortgage or option agreement.

Subject Headings:
    Property
  • Wills and Succession
Key Terms: ademption equitable conversion testator

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