February 11, 2016 Articles

Measure of Damages for Real Property

Exploring how these measures were developed and the circumstances under which they apply.

By Kenneth Anspach – February 11, 2016

It is practically an article of faith that the measure of damages for damage to real property is the difference in market value before and after the injury to the premises. Yet, courts have also found that the cost of restoration of the premises may be an important measure of damages. This article explores how these measures were developed and the circumstances under which they apply in three states: Illinois, New York, and California.

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