Ruiz v. Varan
New Mexico Supreme Court
1Opinion of the Court
OPINION
MONTGOMERY, Justice.
This appeal concerns the measure of damages awarded to a property owner due to interference with his ability to use or dispose of a tract of undeveloped land. The trial court awarded nominal damages, but the owner sought substantial damages based on a discount factor applied to the value of the property before the interference. The owner presented no evidence of actual loss in value or of increased costs resulting from the interference. We hold that the property owner’s damages cannot be quantified in this way and that the trial court did not abuse its discretion in…
2Cases cited16 opinions
- Duke City Lumber Company, Inc. v. TerrelNew Mexico Supreme Court · 1975
- Shaeffer v. KeltonNew Mexico Supreme Court · 1980
- Wirth v. Commercial Resources, Inc.New Mexico Court of Appeals · 1981
- Richardson v. RutherfordNew Mexico Supreme Court · 1990
- Farmers Gin Company v. WardNew Mexico Supreme Court · 1964
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- Sanchez v. ClaytonNew Mexico Supreme Court · 1994
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