3508. Bonus Value of Leasehold Interest

3508. Bonus Value of Leasehold Interest Instruction No 1 Request by Plaintiff Given as Proposed Refused Withdrawn Request by Defendant Given as Modified Requested by Given on Court's Motion Judge Instruction No 1 [Some/All] of the property taken was leased to [name of lessee]. You must determine the amount of compensation that [name of lessee] can recover. To do this, you must determine the difference between: 1. The present value of the total rent that [name of lessee] agreed to pay during the time remaining on the lease after [insert date of possession when lessee no longer occupied the premises]; and The present value of the total fair market rent for the leased property from [date of valuation] for the time remaining on the lease. 2. If the present value of the total agreed rent is less than the present value of the total fair market rent, then [name of lessee] is entitled to the difference. ________________________________________________________________________________ New September 2003