Current through November 30, 2024
(a) In addition to the requirements of subparts A and B of this part, a claimant must establish- (1) An ownership or leasehold interest in the property;(2) That the property was injured or destroyed;(3) The cost of repair or replacement; and(4) The value of the property both before and after injury occurred.(b) In addition, for each claim for economic loss resulting from destruction of real or personal property, the claimant must establish-(1) That the property was not available for use and, if it had been, the value of that use;(2) Whether or not substitute property was available and, if used, the costs thereof; and(3) That the economic loss claimed was incurred as the result of the injury to or destruction of the property.