Glossary
Replacement value
The amount required to obtain an equivalent item of the same kind.
In brief
Replacement value may be relevant for property damage. Age, condition, equipment and market availability must be considered.
The calculation must reflect the actual replacement need and must not finance an improvement over the prior condition.
Legal sources
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
Phone
+43 662 6280000