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2004 SESSION

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HB 314 Property damage; lack of privity no defense.

Introduced by: Thomas C. Wright, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Privity of contract; property damages. Provides that damages for injury to property include those costs necessary to restore or place property in the position it would have occupied absent the negligence. This bill modifies the reach of Virginia's common law doctrine of economic loss by providing that these types of costs for injury to property are not disappointed economic expectations but are cognizable under tort law.


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