Casualty Loss w/ Retail Store

Reply Sun 24 Sep, 2017 01:12 pm
I realize casualty loss covers a wide spectrum of disasters but had a question on if it could be interpreted due to negligence from a landlord. Here is the scenario:

Retail store sells high end footwear and displays all of its $55,000+ worth of inventory on the sales floor. Retail store has large glass sliding doors what have noticeable gaps. Landlord, without notice, start ripping up floor and saw cutting concrete in front of store. Concrete dust covers entire retail store and renders $55,000+ worth of inventory unsellable.

Would like constitute casualty loss?
  • Topic Stats
  • Top Replies
  • Link to this Topic
Type: Question • Score: 0 • Views: 1,038 • Replies: 1
No top replies

Reply Sun 24 Sep, 2017 01:33 pm
Generally, the insurance carrier will interpret their policy as strictly as possible (because they really don't want to pay anyone). Got any form of renter's? That might be a better tack.
0 Replies

Related Topics

question about contract law - Question by tofu20
Contract Law Example Question - Question by dominiqueward
CONTRACT LAW, VALIDITY OF SIGNATURE - Question by deadbirdcreek
Contract Law Timeshares - Question by SouthFLA
business law - Question by francy
Contract Law Questions - Discussion by sprinkles
  1. Forums
  2. » Casualty Loss w/ Retail Store
Copyright © 2022 MadLab, LLC :: Terms of Service :: Privacy Policy :: Page generated in 0.03 seconds on 08/11/2022 at 05:12:21