Damages
Glossary

Property damage

Damage to, destruction of or loss of a tangible item.

In brief

For damaged property, repair costs, diminution in value and necessary ancillary costs may be relevant. In a total loss, the item’s value less any residual value is generally considered.

Condition, market value, repairability and the avoidance of overcompensation are relevant to the calculation.

General orientation only, not legal advice on an individual case.

Loss documented, claim unclear or a deadline open?

Send the key facts and documents. We will organise the claim, evidence, valuation and the next safe step.

Contact

A direct line to the firm.

Address

BRANDAUER Rechtsanwälte GmbH Giselakai 51 5020 Salzburg