California Civil Code

§ 3343

CIV § 3343Div. 4 · Title 2 · Part 1 · Ch. 2 · Art. 2

Statute text

(a)One defrauded in the purchase, sale or exchange of property is entitled to recover the difference between the actual value of that with which the defrauded person parted and the actual value of that which he received, together with any additional damage arising from the particular transaction, including any of the following:

(1)Amounts actually and reasonably expended in reliance upon the fraud.

(2)An amount which would compensate the defrauded party for loss of use and enjoyment of the property to the extent that any such loss was proximately caused by the fraud.

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Legislative history

Amended by Stats. 1971, Ch. 943.