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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 ...
The court may directly require the party responsible for the waste to restore the property to its original condition. The court may accelerate the passage of title in the land, divesting a tenant or life estate holder of the property and vesting it in the landlord or remainderman. Kentucky has a particularly harsh remedy for voluntary waste.
A lot of people think you need to be rolling in cash to be able to afford Florida real estate, especially with high-profile luxury property sales making headlines. But this, too, is a myth!
Explore More: 3 Best Florida Cities To Buy Property in the Next 5 Years, According To Real Estate Agents Crescent City September 2023 average home value: $200,492
Res ipsa loquitur (Latin: "the thing speaks for itself") is a doctrine in common law and Roman-Dutch law jurisdictions under which a court can infer negligence from the very nature of an accident or injury in the absence of direct evidence on how any defendant behaved in the context of tort litigation.
A real estate agent in Florida has been arrested and is facing multiple charges, according to Fox 35 Orlando, following what authorities described as an “elaborate scam” in which an elderly ...
An Automated Valuation Model (AVM) is a system for the valuation of real estate that provides a value of a specified property at a specified date, using mathematical modelling techniques in an automated manner. [1] [2] AVMs are Statistical Valuation Methods and divide into Comparables Based AVMs and Hedonic Models.
Buying a home is tough right now. With home prices still inflated, inventory still low and mortgage rates near 8%, housing affordability is the lowest it has been in decades. Barbara Corcoran: 'If ...
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