This form is used when Payee releases Payor named above, and Payor's officers, directors, agents, employees, personal representatives, agents, contractors, subcontractors, affiliates, and their successors and assigns, from all debts, claims, demands, damages, liabilities, and causes of action of any nature or kind which have arisen or may later arise by reason of any and all damages or injuries to the lands descibed within.
Oklahoma General Release For Damage to Lands
Category:
State:
Multi-State
Control #:
US-OG-396
Format:
Word;
Rich Text
Instant download
Description
How to fill out General Release For Damage To Lands?
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FAQ
The Property Damage Lawsuit-Filing Deadline in Oklahoma Specifically, Oklahoma Statutes section 12-95 says, "An action for trespass upon real property; [or] an action for taking, detaining, or injuring personal property" must be filed within two years.
Punitive damages, also called exemplary damages, do not compensate the victim for losses or damages. A punitive damages award is intended to punish the defendant for specific conduct. The defendant's behavior must be willful and reckless or intentional and with malice.
While the $350,000 cap instituted by Oklahoma did allow limited exceptions for malice, gross negligence, fraud, or reckless disregard, it also placed a limit consistent with other states that implemented similar caps.
Examples of acts warranting exemplary damages: publishing that someone had committed murders when the publisher knew it was not true but hated the person; an ex-husband trashes his former wife's auto and threatens further property damage; a stockbroker buys and sells a widow's stocks to generate commissions resulting ...
418, the California Supreme Court articulated 'three guideposts' for courts reviewing punitive damages: ?(1) the degree of reprehensibility of the defendant's misconduct; (2) the disparity between the actual or potential harm suffered by the plaintiff and the punitive damages award; and (3) the difference between the ...
How are Exemplary Damages Calculated? Exemplary damages are calculated based on the compensatory damages which are awarded to the plaintiff. The majority of states have limits on how much a plaintiff can receive in exemplary damages.
