Severe Property Damage definition: Copy, customize, and use instantly
Introduction
The term "Severe Property Damage" refers to significant destruction or harm to property that impacts its structure, function, or value. This can include natural disasters, accidents, or deliberate actions. It is an important term in insurance, lease, and liability agreements, as it often triggers specific obligations for repairs, replacements, or compensation.
Below are various examples of how "Severe Property Damage" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Severe Property Damage" as a result of natural disasters
This definition ties "Severe Property Damage" to natural events.
"Severe Property Damage" means damage caused by natural disasters, including but not limited to hurricanes, earthquakes, floods, and wildfires, resulting in a significant loss of the property's value or structural integrity.
Definition of "Severe Property Damage" as structural impairment
This definition connects "Severe Property Damage" to structural damage.
"Severe Property Damage" refers to damage that compromises the structural integrity of the property, such as the collapse of walls, roofs, or foundations, rendering the property unfit for normal use.
Definition of "Severe Property Damage" as accidental destruction
This definition links "Severe Property Damage" to accidents.
"Severe Property Damage" means significant damage to property due to accidents, including explosions, fires, and vehicle collisions, that substantially impair the property’s use or value.
Definition of "Severe Property Damage" as a result of vandalism
This definition applies "Severe Property Damage" to criminal acts.
"Severe Property Damage" refers to damage caused by intentional acts of vandalism, such as breaking windows, defacing walls, or causing extensive destruction to building fixtures.
Definition of "Severe Property Damage" as an environmental hazard
This definition connects "Severe Property Damage" to environmental risks.
"Severe Property Damage" means damage resulting from environmental hazards such as toxic spills, chemical leaks, or mold infestations that significantly degrade the property’s condition.
Definition of "Severe Property Damage" as a result of flooding
This definition ties "Severe Property Damage" to flood events.
"Severe Property Damage" refers to damage caused by flooding that affects the structure and contents of a building, including waterlogged floors, walls, and electrical systems.
Definition of "Severe Property Damage" as a total loss
This definition links "Severe Property Damage" to a total loss scenario.
"Severe Property Damage" means damage that results in a total loss of the property, such that it is no longer viable for repair or use, and a complete replacement is necessary.
Definition of "Severe Property Damage" as fire destruction
This definition connects "Severe Property Damage" to fire incidents.
"Severe Property Damage" refers to extensive damage caused by fire, including charring, smoke damage, and structural collapse, making the property unsuitable for immediate use.
Definition of "Severe Property Damage" as caused by storms
This definition links "Severe Property Damage" to storm conditions.
"Severe Property Damage" means damage resulting from severe weather conditions such as storms, hail, and wind that cause destruction to roofs, windows, and other parts of the property.
Definition of "Severe Property Damage" as water damage
This definition applies "Severe Property Damage" to water-related incidents.
"Severe Property Damage" refers to the destruction of property caused by excessive water intrusion, including burst pipes, leaks, and overflowing water sources, leading to significant structural and content damage.
Definition of "Severe Property Damage" as a result of construction accidents
This definition connects "Severe Property Damage" to construction activities.
"Severe Property Damage" means damage that occurs during construction activities, such as the collapse of scaffolding or structural failure during renovation, which significantly impairs the property's usability.
Definition of "Severe Property Damage" as part of a liability agreement
This definition links "Severe Property Damage" to liability clauses.
"Severe Property Damage" refers to damage that exceeds a certain threshold, as specified in the liability agreement, where the damage is so significant that it requires extensive repair or rebuilding efforts.
Definition of "Severe Property Damage" as an insurance-triggering event
This definition applies "Severe Property Damage" to insurance policies.
"Severe Property Damage" means an event that triggers an insurance claim due to substantial harm to the property, which can include physical damage or destruction that requires extensive repairs.
Definition of "Severe Property Damage" as damage impacting tenants
This definition connects "Severe Property Damage" to tenant rights.
"Severe Property Damage" refers to destruction or damage to rental property that substantially affects the habitability of the space, such as the loss of heating, cooling, or plumbing, requiring significant repairs.
Definition of "Severe Property Damage" as damage to commercial property
This definition applies "Severe Property Damage" to business premises.
"Severe Property Damage" means damage to commercial property, including offices, factories, or warehouses, where the destruction disrupts normal business operations, such as roof collapse or machinery failure.
Definition of "Severe Property Damage" as damage to insured property
This definition links "Severe Property Damage" to insured assets.
"Severe Property Damage" refers to extensive damage to property covered under an insurance policy, triggering a claim for the full extent of loss or destruction incurred.
Definition of "Severe Property Damage" as loss of property use
This definition ties "Severe Property Damage" to property usability.
"Severe Property Damage" means damage so extensive that the property can no longer be used for its intended purpose, such as structural collapse or total destruction by fire.
Definition of "Severe Property Damage" as damage requiring legal action
This definition connects "Severe Property Damage" to legal actions.
"Severe Property Damage" refers to significant destruction that may result in legal proceedings for compensation, repair, or replacement, due to the scale of the damage.
Definition of "Severe Property Damage" as a claimable event under lease agreements
This definition links "Severe Property Damage" to lease agreements.
"Severe Property Damage" means significant destruction to the leased property that may trigger tenant claims or landlord responsibilities under the terms of the lease.
Definition of "Severe Property Damage" as destruction affecting market value
This definition applies "Severe Property Damage" to financial contexts.
"Severe Property Damage" refers to damage that results in a substantial decrease in the market value of the property, often requiring substantial repairs or reconstruction to restore its value.
Definition of "Severe Property Damage" as environmental contamination
This definition connects "Severe Property Damage" to contamination issues.
"Severe Property Damage" refers to damage caused by environmental contamination, such as chemical spills or hazardous material leaks, that substantially harms the property’s structure or value.
Definition of "Severe Property Damage" as damage to residential properties
This definition applies "Severe Property Damage" to residential areas.
"Severe Property Damage" refers to extensive damage to residential properties, including homes and apartments, resulting in unsafe living conditions or the need for full reconstruction.
Definition of "Severe Property Damage" as damage from civil unrest
This definition links "Severe Property Damage" to civil disturbances.
"Severe Property Damage" refers to damage caused by acts of civil unrest, including riots or looting, that result in substantial physical harm to property.
Definition of "Severe Property Damage" as catastrophic loss
This definition ties "Severe Property Damage" to catastrophic events.
"Severe Property Damage" means catastrophic damage, such as the destruction of entire buildings or infrastructure, requiring substantial financial and physical resources to restore or replace.
Definition of "Severe Property Damage" as loss due to terrorist acts
This definition connects "Severe Property Damage" to terrorism.
"Severe Property Damage" refers to damage caused by acts of terrorism, including bombings or sabotage, which leads to extensive destruction and significant loss of property value.
Definition of "Severe Property Damage" as damage from accidental explosions
This definition links "Severe Property Damage" to explosions.
"Severe Property Damage" refers to extensive damage resulting from accidental explosions, such as gas leaks or industrial accidents, leading to significant destruction of property.
Definition of "Severe Property Damage" as damage requiring evacuation
This definition ties "Severe Property Damage" to evacuation needs.
"Severe Property Damage" means damage so significant that it necessitates the evacuation of residents or workers, typically due to hazardous conditions or structural collapse.
Definition of "Severe Property Damage" as damages during transportation
This definition connects "Severe Property Damage" to transport incidents.
"Severe Property Damage" refers to damage occurring during the transportation of goods or property, which results in substantial harm or total loss of the transported items.
Definition of "Severe Property Damage" as damage from industrial accidents
This definition applies "Severe Property Damage" to industrial contexts.
"Severe Property Damage" refers to damage caused by industrial accidents, including machinery failure, fires, or toxic leaks, that significantly harms the property.
Definition of "Severe Property Damage" as property destruction in a disaster recovery context
This definition links "Severe Property Damage" to recovery efforts.
"Severe Property Damage" refers to substantial destruction requiring long-term recovery efforts, often covered under disaster recovery or insurance claims.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.