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Diminished value or diminution in value are the terms generally used to describe the loss in a property's market value after it was damaged in an accident and repaired. Diminished value is most often associated with automobiles but it is applicable to other property of value including real estate or collectibles such as jewelry and artwork.
Diminution in value is a legal term of art used when calculating damages in a legal dispute, and describes a measure of value lost due to a circumstance or set of circumstances that caused the loss. Specifically, it measures the value of something before and after the causative act or omission creating the lost value in order to calculate ...
Based on this example, an auto insurer would pay out a maximum of $1,500 for a diminished value claim on this vehicle. However, based on the damage and mileage, the final calculated estimate for a ...
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In a unanimous decision, the Georgia Supreme Court has rejected an appeal by the Georgia Republican Party to reinstate seven last-minute rules passed by Georgia’s State Election Board ahead of ...
Georgia in United States. Georgia's musical history is diverse and substantial; the state's musicians include Southern rap groups such as Outkast and Goodie Mob, as well as a wide variety of rock, pop, blues, and country artists such as Ray Charles, Otis Redding, James Brown, The Allman Brothers Band, Ray Stevens, Bill Anderson, Thomas Rhett, Jason Aldean, Wet Willie, Chuck Leavell, Cole ...
The Democratic National Committee (DNC) is intervening in the case against Georgia’s State Election Board, in an effort to block Republican-proposed rules. “To the great annoyance of MAGA ...