California Statutes

§ 1263.320. — 1263.320. (Amended by Stats. 1992, Ch. 7, Sec. 2.)

California § 1263.320.
JurisdictionCalifornia
Code CCPCode of Civil Procedure - CCP
Title7.
Part 3.TITLE 7. EMINENT DOMAIN LAW
Ch. 9.CHAPTER 9. Compensation
Art. 4.ARTICLE 4. Measure of Compensation for Property Taken

This text of California § 1263.320. (1263.320. (Amended by Stats. 1992, Ch. 7, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Code of Civil Procedure - CCP Code § 1263.320. (2026).

Text

(a)The fair market value of the property taken is the highest price on the date of valuation that would be agreed to by a seller, being willing to sell but under no particular or urgent necessity for so doing, nor obliged to sell, and a buyer, being ready, willing, and able to buy but under no particular necessity for so doing, each dealing with the other with full knowledge of all the uses and purposes for which the property is reasonably adaptable and available.
(b)The fair market value of property taken for which there is no relevant, comparable market is its value on the date of valuation as determined by any method of valuation that is just and equitable.

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Legislative History

Amended by Stats. 1992, Ch. 7, Sec. 2. Effective January 1, 1993.

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California § 1263.320., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CCP/1263.320..