Simple English definitions for legal terms
Read a random definition: qualified residence interest
Converter: A converter is someone who takes something that doesn't belong to them and uses it or sells it without permission. This is wrong and against the law. Sometimes, a person may take something without knowing that it doesn't belong to them, but they still shouldn't keep it. This is called being an innocent converter. It's important to always ask permission before using or taking something that doesn't belong to you.
A converter is someone who takes someone else's property without permission and uses it or sells it. This is illegal and can result in the person who took the property being punished.
An innocent converter is someone who takes someone else's property without knowing that it was stolen or that they didn't have the right to take it. For example, if someone buys a bike from someone else without knowing that it was stolen, they are an innocent converter.
Example: John buys a bike from a stranger on the street. He doesn't know that the bike was stolen from someone else. John is an innocent converter because he didn't know that the bike was stolen.
Example: Sarah takes her friend's phone without asking and sells it to someone else. Sarah is a converter because she took someone else's property without permission and sold it. She is not an innocent converter because she knew that the phone belonged to her friend and didn't have permission to take it.
The examples illustrate the definition of a converter by showing how someone takes someone else's property without permission and uses it or sells it. The innocent converter example shows that someone can take property without knowing that it was stolen or that they didn't have the right to take it, but they can still be punished for it.