Legal Definitions - quantum nunc valent

QUANTUM NUNC VALENT

Quantum nunc valent is a Latin legal term that means "how much they (the lands) are now worth." It refers to the current value of a property or land.

• After the fire, the insurance company assessed the quantum nunc valent of the damaged property.
• The court ordered the parties to determine the quantum nunc valent of the disputed land before proceeding with the case.

These examples illustrate how quantum nunc valent is used to determine the current value of a property or land. In the first example, the insurance company needs to know the current value of the damaged property to determine the amount of compensation to be paid. In the second example, the court needs to establish the current value of the disputed land to make a fair decision.