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In order to seek consequential damages, a party who has suffered physical injury, property damage, or financial loss needs to perform a duty to mitigate damages, which means that they have an obligation to reduce or minimize the effect and any losses resulting from the injury. [5]
ANSI Z535.5 Definition: "Indicates a hazardous situation that, if not avoided, will result in death or serious injury. The signal word "DANGER" is to be limited to the most extreme situations. DANGER [signs] should not be used for property damage hazards unless personal injury risk appropriate to these levels is also involved." [1]
The valuation of property for estimating just compensation due for a partial taking of property for purposes of constructing a public improvement may involve the use of several extraordinary assumptions or hypothetical conditions in both the before and after condition in order to formulate estimates of overall just compensation due or damages ...
This month, Hurricane Helene wreaked major devastation in North Carolina, while Hurricane Milton caused up to $47.5 billion in property damage in Florida. Don't miss
Vandalism is the action involving deliberate destruction of or damage to public or private property. [1]The term includes property damage, such as graffiti and defacement directed towards any property without permission of the owner.
The state’s property insurance crisis could soon be solved thanks to the keen insight of Florida Chief Financial Officer Jimmy Patronis. Sure, Hurricane Ian clobbered Fort Myers Beach last fall ...