Property Insurance And Divorce
Summary
In New York, if a marital property burns down before sale, insurance payouts are divided per divorce settlements. Actual Cash Value policies consider depreciation. Appeal decisions can take months, with no strict deadlines. Tenants placing back rent in trust may strengthen their appeal. To dispute a landlords claims, gather payment records and consult a lawyer for breach of contract options.Full Conversation
how much is the typical fire insurance payout on a double wide property in western ny
The typical fire insurance payout on a double-wide property in Western New York can vary greatly depending on the insurance policy, the value of the property, and the extent of the damage.
- Replacement Cost Value (RCV): Pays the cost to replace the property without deduction for depreciation.
- Actual Cash Value (ACV): Pays the depreciated value of the property.
Do you know if the property is insured for its replacement cost or actual cash value?
- Replacement Cost Value (RCV): Pays the cost to replace the property without deduction for depreciation.
- Actual Cash Value (ACV): Pays the depreciated value of the property.
Do you know if the property is insured for its replacement cost or actual cash value?
actual cash value
In New York, if the property is insured for its Actual Cash Value (ACV), the payout would be the depreciated value of the property at the time of the loss. This amount would typically be divided according to the divorce settlement or court order.
Do you have any specific details about the divorce agreement or any specific terms in the insurance policy that might affect the payout division?
Do you have any specific details about the divorce agreement or any specific terms in the insurance policy that might affect the payout division?
adress is * Bigalow rd west valley ny *
In New York, the insurance payout for a property insured at Actual Cash Value (ACV) would be divided according to the divorce settlement. Specific terms in the divorce agreement or insurance policy can affect this division.
Do you have any specific terms from the divorce agreement that might influence the payout division?
Do you have any specific terms from the divorce agreement that might influence the payout division?
how long does a judge have to make a dicission on an appeal case after breifs were submitted in ny
In New York, there isn't a strict deadline for a judge to make a decision on an appeal case after briefs are submitted. It can vary widely based on the complexity of the case and the court's caseload. However, it typically takes several months.
Do you have any specific details about the appeal case that might influence the timeline?
Do you have any specific details about the appeal case that might influence the timeline?
its a civil matter
In New York, the timeline for a judge to make a decision on an appeal case can vary widely. It typically takes several months, but there is no strict deadline.
Do you have any specific details about the appeal case that might influence the timeline?
Do you have any specific details about the appeal case that might influence the timeline?
in an appeal case for landlord vs tenent, if a judge asked the tenents to place back rent in a trust, and they do, does that look good for the tenents?
Yes, if tenants comply with a judge's order to place back rent in a trust, it generally reflects positively on them. It shows they are abiding by court orders and may strengthen their position in the appeal.
Do you need information on how to proceed with the appeal process?
Do you need information on how to proceed with the appeal process?
are appeal is because the landlord said we paid $*.* a month for 2 years and even lied on court papers that she gave us a * rent increase letter. we never once paid $*.*, but the court that we are appealing never made her show proof and the judge still ruled in favor of landlord. what can i do
You should gather all your payment records, bank statements, or receipts to prove the actual rent you paid. Check if you can introduce new evidence in the appeal. Consult with a lawyer experienced in landlord-tenant disputes for the best chance to overturn the ruling.
Would you like further details on how to find a lawyer for this type of case?
Would you like further details on how to find a lawyer for this type of case?
how can i prove she lied. we stopped paying her because our original verbal agreement was that after paying *,* to her we would officially own it. 8 years later and well over the *,* agreed upon, she got a divorce and the home that was suppose to be mine is now court ordered to sell in ny what options do i have can i sue her
To address this situation, consider the following steps:
- Documentation: Gather any records of payments made, including bank statements, receipts, or any written correspondence that mentions the agreement.
- Witnesses: Identify any witnesses who can confirm the verbal agreement.
- Legal Advice: Consult a lawyer experienced in real estate or contract law to explore your options, including potentially filing a lawsuit for breach of contract.
Would you like more information on how to find a lawyer?
- Documentation: Gather any records of payments made, including bank statements, receipts, or any written correspondence that mentions the agreement.
- Witnesses: Identify any witnesses who can confirm the verbal agreement.
- Legal Advice: Consult a lawyer experienced in real estate or contract law to explore your options, including potentially filing a lawsuit for breach of contract.
Would you like more information on how to find a lawyer?