If a building is completely destroyed and the compensation for the loss is less than the fair value and more?
598846
I believe you have to subtract the compensation from the true market value. For tax purposes ( as well as any other inquiries) you will need three estimates of "true market value" from certified building appraisers and/or commercial real estate brokers.
839136
Like the other person said, get a hold of your old attorney and explain the situation. Your second should have been included. I fyour attorney made a mistake, he is liable for any damages you suffer as a result from this. It seems like your second got transfered to the loss mitigation department and what they stated, is normal protocol for a second to do.\n\nRegards
165064
no way, sorry. what you have is an asset, not an expense. \n\nif the money was stolen or the contractor went out of biz, you might have a casualty loss.
409659
It's been a little while, but I believe that loss to lease refers to the incentives offered to tenants to lease a property.\n\nAn example of this is in apartment complexes where a free month is offered for a 6 or 12 month lease.
773484
The person who ownes the property is responsible.  Keep following up and ask your insurance company if they can intervein.  The home ownership should be public record, so check with your county or city for the records.   You should send REGISTERED mail to the owner explaining the situation and get a few repair estimates to send along.  (make copies).  Take em to small claims court if no reply.  Make sure you have plenty of pictures.  You may also want to report the situation to the city administrator indicating it's a hazard to people as well as vehicles.  What if kids were playing around there and got cut!\nGood luck to you.
480113
In the event of a loss, they will pay for you tol live comfortably at a substitute location While your home is made right again.  If power, gas, and water was not something you were paying at your old location but you are required to pay for at the temporary location, they will pay for that.  If it was something you would have paid anyway, then no.
1124097
Actually they shouldn't. Homeowners insurance is a funny funny funny little matter with lots of little hidden and unhidden facts.  Even during a natural disaster such as a tornado they are only required to pay for damage done, unless the whole house was blown away or deemed uninhabitable and cannot be repaired at all, then they will only give you a certain amount.  The only way you could have all of your siding replaced and it covered by the insurance company was if you had revised your policy to include full replacement cost on your homes structure for the full house.  Meaning you would be paying a little more for your insurance a month but as in this case if just part of your homes siding  was damaged, the  whole house has a full replacement of siding at todays cost, that's why you always revise your insurance policies to include replacement cost on everything, to allow you to replace what needs to be replaced at todays cost.  People should always revise and state exactly what they want their insurance to replace in exact words.  It costs more but as in this case it's worth it.
1095821
The loss has to exceed $100. IRC 165(h)(1). In addition, the net loss must exceed 10% of your Adjusted Gross Income (unless it is Hurr. Katrina Related). IRC 165(h)(2).\n\n--\nAny tax advice included in this written communication was not intended or written to be used, and it cannot be used by the taxpayer, for the purpose of avoiding any penalties that may be imposed by any governmental taxing authority or agency.
330478
You get to take a casualy loss on your Schedule A.  You will need to report the date of the loss (hurricane date), indicate it was a Katrina or Rita Casualty, you get a deduction for the loss in value of your home/property.  (ie the difference b/t the value of the home the day before the hurricane hit and the value the day after the hurricane hit)
478753
You have a very good chance of winning.  Take him to small claims court.  The landlord has to prove damage to the apartment was caused by you.  Not only that, he has to return your security deposit with interest for the amount of time he held it.
562801
Try the link below, it contains many solutions but if your concerned with "Loss of property , intellectual, etc. Loss through, fire, theft, etc." I'd suggest you may want to spend a buck and hire a consultant.
139764
I dont know..i have a hard time with giving billions of dollars to a city where people chose to live below sea level and that will likely flood again in the future.  Many of New Orleans residence have found homes elsewhere and will not be returning. The ones that do should have insurance, right?  Why should we pay for them to rebuild?
1121538
yes......such as medical, trespass, insurance? what exactly do you need to know?\na TORT is a civil wrong for which the victim receives compensation in the forms of damages.
1030984
yes. she has to list the damages, with photos and estimates to repair them. She has to do this in order to get the court order to appear for a small claims hearing. She had to show cause to the authority, be it a magistrate, or police officer, or whatever authority issued the paperwork.
850276
Hi Jacqui,\n\nThe upside is...\n\nIf you can show they were negligent or failed in their statutory duty of care that resulted in some type of damage or loss then yes you can.\n\nThe downside is that it could prove to be expensive and the courts don't like giving judgements like this in favour of the public in case there are a flood of similar cases. What they call in the legal profession, "opening the floodgates."\n\nContact your local CAB or a specialist solicitor.\n\nGood luck.
834568
This depends on the value of the property in Question.
746125
You need to call the building or housing inspector who will come out there, take a look at it and order your landlord to make repairs if necessary.  \n\nSmall claims court and lawyers have nothing to do with this.