double conversion

That which takes place when land is directed to be sold and converted into money, and these proceeds are directed to be laid out again in land, the whole forming one continuous obligation. The property, in such case, is considered to be in that state in which it is ultimately to be converted; that is, to be land. Double conversion does not differ from single conversion, but the property is treated as if already converted into that species of property into which it is directed to be changed, no matter whether the steps are more or less numerous. Ford v Ford, 80 Mich 42, 53. See reconversion.