Ad
related to: legal definition of actual damages in real estate formuslegalforms.com has been visited by 100K+ users in the past month
- Complete Personal Forms
Easy Order: Get Forms in Clicks
Fill, Edit & E-Sign Personal Forms
- Divorce Forms
Paternity, Separation Agreements
State Specific Divorce Forms
- Select Forms by State
Browse All Forms for Your State
Most Popular Products and Services
- Affidavit Forms
General, Heirship Affidavit Forms
State Specific Affidavit Forms
- Complete Personal Forms
Search results
Results from the WOW.Com Content Network
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.
Contemptuous damages are a form of damage award available in some jurisdictions. They are similar to nominal damages awards, as they are given when the plaintiff's suit is trivial, used only to settle a point of honor or law. [35] Awards are usually of the smallest amount, usually 1 cent or similar.
Property damage (sometimes called damage to property), is the damage or destruction of real or tangible personal property, caused by negligence, willful destruction, or an act of nature. Destruction of property (sometimes called property destruction , or criminal damage in England and Wales ) is a sub-type of property damage that involves ...
When damages are not predetermined/assessed in advance, then the amount recoverable is said to be "at large" (to be agreed or determined by a court or tribunal in the event of breach). The purpose of a liquidated damages clause is to increase certainty and avoid the legal costs of determining actual damages later if the contract is breached.
Damages based on market value, lost dividends and accrual or loss of value, considering lost chance to sell stock at a profit. [182] Property severed from real estate. Damages measured based on market value and interest. [183] Property of no market value or held for personal use. Items such as personal mementos, writings, personal diaries ...
Property law is the area of law that governs the various forms of ownership in real property (land) and personal property. Property refers to legally protected claims to resources, such as land and personal property, including intellectual property . [ 1 ]
Statutory damages are a damage award in civil law, in which the amount awarded is stipulated within the statute rather than being calculated based on the degree of harm to the plaintiff. Lawmakers will provide for statutory damages for acts in which it is difficult to determine a precise value of the loss suffered by the victim.
Uniqueness of the Property: The subject of the contract, especially in real estate transactions, must be unique to such an extent that monetary damages would not be a sufficient remedy. Irreparable Harm: The aggrieved party would suffer irreparable harm if specific performance were not granted, such as in cases where real property’s unique ...
Ad
related to: legal definition of actual damages in real estate formuslegalforms.com has been visited by 100K+ users in the past month