Sentences with phrase «replacement value of the property»

In those cases — and if you are current on payments — you can surrender the property to pay off creditors; reaffirm the debt and continue to pay it after the bankruptcy; or redeem it by paying the creditor the replacement value of the property.

A discretionary Order is available for things such as the replacement value of the property; the pecuniary damages incurred from harm, expenses fleeing a domestic partner; or certain expenses arising from the commission of an offence under s. 402.2 or 403.

You should decide whether you want a policy that gives you the current replacement value of your property.

Armed with your zip code and the square footage of your home, go online and obtain the replacement value of your property.

Not exact matches

You may insure those items for Replacement Cost or for Actual Cash Value, which pays only for the depreciated value of the propValue, which pays only for the depreciated value of the propvalue of the property.

If you lease some of the equipment at your business, the leasing company may require that you insure the property at replacement value.

Yet by the late 1980s, when the real estate bubble was still being inflated, household and corporate replacement costs of buildings left land with only about 28 percent of total property values.

Property taxes in Nevada are based on the market value of a property, as well as the replacement cost of any structures on a pProperty taxes in Nevada are based on the market value of a property, as well as the replacement cost of any structures on a pproperty, as well as the replacement cost of any structures on a propertyproperty.

The taxable value of a property is calculated as the cash value of the land (the amount the land alone would sell for on the market), and the replacement cost of all buildings minus depreciation of 1.5 % per year since construction.

In simple terms, that means that your property losses are paid out at the amount of money you need to go buy a replacement item, not the actual cash value.

Without replacement cost, you'd be stuck with the actual cash value of your property.

This protection is, of course, at replacement cost, meaning that you get the coverage you need to replace things that suffer a loss at retail, rather than the actual cash value of the property.

Either the insurer may issue a check for the replacement cost of your property, or the insurer may issue a check for the actual cash value of your property.

Remember that the policy generally will cover replacement cost, so a claim would result in you being able to replace the property rather than just getting the depreciated value of your things.

Generally there is a small deductible on New Jersey renters insurance, and from that deductible on, your personal property is covered at replacement cost rather than actual cash value, up to the limits of the policy you've selected.

The actual cash value of your property might not amount to much, and that's why policies include replacement cost.

Make sure you ask for renters insurance replacement cost coverage — Effective Coverage strongly encourages this because you don't want the depreciated actual cash value of your property — you want an amount of money that will allow you to replace the property with new of like kind and quality.

Replacement cost is a part of the standard Avalon Fort Greene renters insurance, so if the worst happens you'll only worry about which options to choose for your replacement property, not whether you can afford to replace something based on the actual Replacement cost is a part of the standard Avalon Fort Greene renters insurance, so if the worst happens you'll only worry about which options to choose for your replacement property, not whether you can afford to replace something based on the actual replacement property, not whether you can afford to replace something based on the actual cash value.

Replacement cost coverage is standard, so if there's a property loss, you'll have enough coverage that you'll be able to replace those items at retail, rather than worrying about the actual cash value of the items.

So if your policy was written for a replacement cost value of $ 200,000, then your home insurer also would cover up to $ 150,000 of your personal property.

Commercial property insurance plans pay for losses based on the replacement cost of the item or its actual cash value.

If you have Replacement Cost (RC) coverage, in the event of a covered loss, we'll first pay you the actual cash value for the damage to your property.

Depending on the level of coverage you'd like, you can purchase a condo insurance policy in Florida for either the actual cash value or replacement cost of your dwelling and property.

Yes, it is a given that the value of real estate is severely influenced by supply and demand factors and also, replacement cost of new property development but still, income approach is used.

Without replacement cost coverage, your renters insurance would pay the «actual cash value» of the property that suffered the loss.

You want «replacement cost» coverage, because «actual cash value» coverage isn't enough to go buy new property of like kind and quality.

Replacement cost means you can buy new items to replace the damaged ones rather than relying on the actual cash value of the property.

Their policy's liability would pay you actual cash value for your stuff, while your personal property coverage would generally pay the replacement cost of that property.

Actual cash value coverage is largely a thing of the past, as retail prices for replacement property increase and the savings of American families decrease rapidly.

the mortgage could be assigned by the QI and put toward the acquisition of the replacement property, whose seller would accept the face value of the mortgage as consideration.

Full value protection: Under a full value protection agreement (and at an additional cost to whoever hired the movers) a moving company is liable for the replacement cost of any lost, damaged or stolen property.

We believe that everyone should have replacement cost coverage, because the actual cash value of your property is generally much lower than you'd expect it to be.

If the same investor chose to exchange, however, he or she would be able to reinvest the entire gross equity of $ 400,000 in the purchase of $ 1,600,000 replacement property, assuming the same down payment and loan - to - value ratios.

Generally your policy will come with replacement cost coverage to ensure that you'll be able to go buy a new item rather than having to settle for the actual cash value of your property.

Policies come with replacement cost coverage, so you don't have to worry about the actual cash value of your property while you're trying to replace it — you'll get what you need in order to replace it with property of like kind and quality.

Remember that renters insurance replacement cost generally is part of the package, so you get the amount of money you need in order to replace the property, not just the value of it.

With actual cash value, the insurance company pays you an amount equal to the replacement value of damaged property minus a depreciation allowance.

The actual cash value of your property is minimal, which is why replacement cost is so important.

Similarly, the land on which the house sits usually isn't going anywhere (with a few notable exceptions like coastal property prone to erosion or beach encroachment) So, take the home's value, minus 15 %, plus the street value of all the things you have in it (this is typically a different «bucket» of coverage limit, and keep in mind the insurer will pay present value, not replacement cost), and that should be your coverage limit.

Two types of protection available: Replacement Cost Settlement, which pays to repair or replace your home without deducting for depreciation, and Actual Cash Settlement, which pays you for the cash value of your property based on its current condition.

Although an exchanger can identify more than one replacement property, the maximum number of properties that can be identified is limited to one of the follow three rules: 1) Three replacement properties without regard to their fair market value (the «3 Property Rule») 2) The value does not exceed 200 % of the aggregate fair value of all relinquished properties (the «200 Rule») and 3) Any number of replacement properties without regard to the combined fair market value, as long as the properties acquired amount to at least 95 % of the fair market value of all identified properties (the «95 % Rule&property, the maximum number of properties that can be identified is limited to one of the follow three rules: 1) Three replacement properties without regard to their fair market value (the «3 Property Rule») 2) The value does not exceed 200 % of the aggregate fair value of all relinquished properties (the «200 Rule») and 3) Any number of replacement properties without regard to the combined fair market value, as long as the properties acquired amount to at least 95 % of the fair market value of all identified properties (the «95 % Rule&Property Rule») 2) The value does not exceed 200 % of the aggregate fair value of all relinquished properties (the «200 Rule») and 3) Any number of replacement properties without regard to the combined fair market value, as long as the properties acquired amount to at least 95 % of the fair market value of all identified properties (the «95 % Rule»).

Alternatively, they can identify an unlimited number of replacement properties, if the total fair market value of all properties is not more than twice the value of the property sold (200 % Rule).

A taxpayer can not meet either of these rules if they acquire 95 % of the aggregate fair market value of all identified replacement properties.

Finally, you know that PETA has filed various motions to have the case dismissed by arguing that the dog was worthless, she had no value beyond the cost of replacement for another dog, they had permission by the property owner to remove community cats so they can not be guilty of trespass for entering and killing a dog, the family is not entitled to punitive damages because PETA's theft and immediate killing of a happy, healthy, beloved dog is not «outrageous» conduct, and in an argument with racist overtones, that the family may not be in the country legally so PETA should be allowed to get away with the theft and murder of their dog.

Lawsuit update: PETA tells the Court that Maya was worthless and therefore they can't be financially liable to the family, that, at best, the dog had no value beyond the cost of replacement for another dog, they had permission by the property owner to remove community cats so they can not be guilty of trespass for entering and killing a dog, and the family is not entitled to punitive damages because PETA's theft and immediate killing of a happy, healthy, beloved dog is not «outrageous» conduct.

PETA, in turn, asked the court to throw out the lawsuit by arguing that the dog was unlicensed so was not worth anything, the dog had no value beyond the cost of replacement for another dog, they had permission by the property owner to remove community cats so they can not be guilty of trespass for entering and killing a dog, and the family is not entitled to punitive damages because PETA's theft and immediate killing of a happy, healthy, beloved dog is not «outrageous» conduct.

The insured claimed in each case that the insurer's letter and attached «STANDARD REPORT,» when read together, gave rise to a legal obligation to determine the «actual cash value» of the property on the basis of a replacement cost less ten percent depreciation, an amount more than that determined due by the insurer and later by a referee.

It's now set at $ 25,000, making it an excellent forum for these sort of property disputes over the replacement value of a damaged vehicle.

The amount of coverage (e.g. replacement value v. current value of the building and property therein, temporary accommodations, etc.) would depend entirely on the coverage set forth the insurance contract of each insurance company that is on the risk.

With regards to reimbursement for the loss or destruction of property, restitution of any loss is limited to an amount not exceeding the replacement value of the impugned property.