§ 1005.1 Applicability of regulations
§ 1005.2 Filing of claims
§ 1005.3 Acknowledgment of claims
§ 1005.4 Investigation of claims
§ 1005.5 Disposition of claims
§ 1005.6 Processing of salvage
§ 1005.7 Weight as a measure of loss
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Terms Used In 49 CFR Part 1005 - Principles and Practices for the Investigation and Voluntary Disposition of Loss and Damage Claims and Processing Salvage

  • Appraisal: A determination of property value.
  • Contract: A legal written agreement that becomes binding when signed.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Original bill: A bill which is drafted by a committee. It is introduced by the committee or subcommittee chairman after the committee votes to report it.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.