Topic: Diminution of Value
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What is Diminution of Value?
A measure of damages for breach of contract which reflects a decrease, occasioned by the breach, in the value of property with which the contract was concerned. In a building contract it “is the difference between the value of the building ... Read More »
Source: http://www.answers.com/topic/diminution-of-value
Who should i report to about the "diminution in value" on my car?
If your going to trade it in to the dealer, your not going to get a good deal. They always give you a little less than they should. the current Kelley Blue Books trade-in value for your car is $7,355. You will get more money if you sell it ... Read More »
Source: http://answers.yahoo.com/question/index?qid=20080304073803AAyigjI
What is diminution in market value?
Diminution in market value is a rule of damages, within which the proper measure of damages for permanent injury to real property is the reduction of market value for any use to which the property might be appropriated. Read More »
Source: http://answers.encyclopedia.com/question/diminution-market-value-...
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Diminution of Value
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diminution in value n. in the event of a breach of contract, the decrease in value of property due to the failure to construct something exactly as specified in the contract.
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Source: http://legal-dictionary.thefreedictionary.com/diminution+in+value
You may be entitled to compensation for diminution in value if: Your accident was caused by someone other than you; That person has insurance; and Your car was properly repaired.
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Source: http://www.lawsofflorida.com/vehicle/index.htm
Brett M. Bressler is an attorney who represents owners of cars, motorcycles, trucks, recreational vehicles in claims for diminution in value.
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Source: http://www.lawsofflorida.com/vehicle/index.htm
The value of your claim is based on several factors: Amount of damage compared to the value of the vehicle Value of the vehicle in pre-accident condition Any frame damage Year, Make, and Model Quality of repair
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Source: http://www.lawsofflorida.com/vehicle/index.htm
The only way you receive diminished value is if the vehicle was totalled. Otherwise the insurer should be paying for the cost of the repairs (however much that is). If the other driver was determined to be at fault then you need to contact ...
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Source: http://answers.yahoo.com.au/question/index?qid=20080417054536AAfW...
