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Real Estate Glossary

Actual damages

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Richard Wilson
Written by Richard Wilson

Also known as real damages or compensatory damages, actual damages involve the financial amount that is paid to compensate a victim who has suffered a loss. These damages generally come from the negligence or the mistakes made by another party.

Also known as real damages or compensatory damages, actual damages involve the financial amount that is paid to compensate a victim who has suffered a loss. These damages generally come from the negligence or the mistakes made by another party.

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Richard Wilson

Richard Wilson

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