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Under state law, property owners who suffer at least $10,000 in damage to their home's current market value can apply for a reassessment. They have to file an application with their county ...
Waste is a term used in property law to describe a cause of action that can be brought in court to address a change in condition of real property brought about by a current tenant that damages or destroys the value of that property.
If those power lines were a substantial cause of the fire, that could be enough to recover billions of dollars in damages from the utility, even if it complied with regulations, legal experts said.
Treble damages are usually a multiple of, rather than an addition to, actual damages, but on occasion they are additive, as in California Civil Code § 1719. When such damages are multiplicative and a person received an award of $100 for an injury, a court applying treble damages would raise the award to $300. [1]
P wants to recover the diminution in value of their business from W. In order to do this P must determine the cost of the repairs and damaged apples, their lost opportunity cost or profit loss (how much profit they would have made during the week they were unable to sell apples), the advertising costs, and the lost profit from having to sell at ...
FAIR, created as a “temporary safety net,” covered just $50 billion of property in 2018, and now covers $458 billion. Even a single large blaze would wipe out FAIR’s relatively paltry $2.5 ...
At common law, the ordinary action for the recovery of goods wrongfully taken was originally one of detinue, but no means of immediate recovery was possible until the action was tried. Replevin arose to deal with the matter of the illegal distress of goods for rent or damage feasant, [9] in order to procure their restoration to the owner. [10]
If your property is damaged by a fallen tree, whether it originated from your property or a neighbor’s, your first move should be to contact your homeowners insurance company. From there, your ...