the amount which would be paid for rental of similar property in the same condition
in the same area. Evidence of rental value becomes important in lawsuits in which
loss of use of real property or equipment is an issue, and the rental value is the
"measure of damages. " In divorce cases in which one of the spouses stays in the
family residence, the use of the property has rental value which is considered in
balancing the income of the parties, determining division of property or setting
the amount of alimony to be paid.
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