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PERSONAL PROPERTY DAMAGE; CONTENTION THAT COST OF REPAIR EXCEEDS DEPRECIATION

Damage to the plaintiffs property.

The amount of such damage is equal to the difference in the fair market value of the property immediately before and immediately after the accident.

If the damages have been repaired, or are capable of repair, so as to restore the fair market value as it existed immediately before the accident, at a cost less than such difference in value, then the measure of damage is the cost of such repair rather than such difference in value.

NEV. J.I. 10.08

BAJI 14.20

About the Author

Jay Young is a Las Vegas, Nevada attorney. His practice focuses on business law, business litigation, and acting as an Arbitrator and Mediator.

Mr. Young can be reached at 702.667.4868 or at jay@h2law.com.