Examlex
In the event of a conflict or inconsistency between case law and a statutory rule:
Real Property
Land and anything permanently attached to it, such as buildings and other structures.
Personal Property
Movable property that is not classified as real estate, including tangible items like cars and furniture, and intangible items such as stocks and bonds.
Conversion
The unauthorized act of taking possession and altering the property of another, thereby depriving them of its use or possession.
Punitive Damages
Damages exceeding simple compensation and awarded to punish the defendant for egregious wrongdoing, serving as a deterrent to such behavior in the future.
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