Utilizing legal templates that adhere to federal and state regulations is essential, and the internet provides a multitude of choices to select from.
However, what is the benefit of spending time searching for the suitable Complaint For Conversion Formula example online when the US Legal Forms digital library already compiles such templates in one location.
US Legal Forms is the premier online legal repository boasting over 85,000 fillable templates created by lawyers for any professional and personal circumstance.
Review the template using the Preview option or via the text outline to ensure it satisfies your requirements.
A plaintiff is entitled to damages equal to the full value of the chattel at the time and place of conversion. The measure of damages in conversion is the fair market value of the property at the time and place of the conversion.
Under California law, the elements required to prove a claim of conversion are: (1) the plaintiff's ownership or right to possession of the property; (2) the defendant's conversion by a wrongful act or in a manner that is inconsistent with the plaintiff's property rights; and (3) resulting damages.
Examples of conversion include: 1) Alpha cuts down and hauls away trees on land s/he knows is owned by Beta, without permission or privilege to do so; and 2) Gamma takes furniture belonging to Delta and puts it into storage, without Delta's consent (and especially if Delta does not know where Gamma put it).
These damages are intended to compensate the owner for any losses that resulted from the conversion, including the value of the property itself, any costs associated with recovering the property, and any other damages that resulted from the conversion.
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.