I bought new 2015 Lincoln MKT 12/17 complete with 4 years warranty. No fault to me but t-boned by teenager when my new car only had 2000 miles on 2/14/18. Extensive damage cost over $10,000 in repair.. How do I calculate diminished value to settle this claim?
A Washington attorney could advise best, but your post remains open for two weeks. As a general matter, the property damage adjuster will do that. They'll visit the car in your shop and work up an estimate based on parts and labor. Unfortunately, many states apply statutory thresholds (which could vary by state insurance regulations), which if the repairs exceed, the vehicle will be declared a total loss. Unfortunately, the adjuster's fair market value figures for the car does not always reflect investments made by the owner. You could bring it up with the insurance carrier or consult with a Washington attorney, but if the car is declared a total loss, it's possible they might only go by comparable figures for 2015 Lincolns with similar option packages in the region. Good luck
Tim Akpinar
Setting up enforceable loan
I recently moved from Pennsylvania to Maryland. I had one month left on my apartment's lease, which I prepaid. I just recieved notice that in the month that I was gone, NONE of the other roommates paid rent so now the landlord wants to submit the outstanding debt to the magistrate. I can't afford to have an eviction on my record. How can I set up a loan so that my roommates can repay me the amount we owe on the lease? How can I make sure that it is enforceable if I take them to small claims court if they don't pay as agreed? And how can I make sure that the document is legal in both of our states (MD and PA) or does it only have to be legal in one? Any help would be greatly appreciated.
Easements and communail property maintenance
If a series of homes share a communal driveway which allows a right of way for the residents, does this require these same residents to maintain the communal driveway or is it the responsibility of the property owner to keep the drive in proper condition?
