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2018 California Code
Civil Code - CIV
DIVISION 4 - GENERAL PROVISIONS
PART 1 - RELIEF
TITLE 2 - COMPENSATORY RELIEF
CHAPTER 2 - Measure of Damages
ARTICLE 4 - General Provisions
Section 3354.
Universal Citation: CA Civ Code § 3354 (2018)
3354.
In estimating damages, except as provided by Sections 3355 and 3356, the value of property, to a buyer or owner thereof, deprived of its possession, is deemed to be the price at which he might have bought an equivalent thing in the market nearest to the place where the property ought to have been put into his possession, and at such time after the breach of duty upon which his right to damages is founded as would suffice, with reasonable diligence, for him to make such a purchase.
(Enacted 1872.)
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