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ACTUAL DAMAGES
Related Terminology: RENTAL INCOME

for purposes of just compensation, losses incurred as a direct result of condemnation of private property. Does not include compensation for consequential damages.

Example When the city took the Smiths’ land for road right-of-way, the court awarded them $100,000 for actual damages plus another $50,000 for the diminished value of the land that remained. The land taken had a market value of $100,000 before the taking.


 
 
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