California § 818. 818. (Added by Stats. 1965, Ch. 1151.)

California Statutes

§ 818. — 818. (Added by Stats. 1965, Ch. 1151.)

California·Code EVID Evidence Code - EVID·Div. 7. DIVISION 7. OPINION TESTIMONY AND SCIENTIFIC EVIDENCE·Ch. 1. CHAPTER 1. Expert and Other Opinion Testimony·Art. 2. ARTICLE 2. Evidence of Market Value of Property

For the purpose of determining the capitalized value of the reasonable net rental value attributable to the property or property interest being valued as provided in Section 819 or determining the value of a leasehold interest, a witness may take into account as a basis for his opinion the rent reserved and other terms and circumstances of any lease of comparable property if the lease was freely made in good faith within a reasonable time before or after the date of valuation.

Free access — add to your briefcase to read the full text and ask questions with AI

For the purpose of determining the capitalized value of the reasonable net rental value attributable to the property or property interest being valued as provided in Section 819 or determining the value of a leasehold interest, a witness may take into account as a basis for his opinion the rent reserved and other terms and circumstances of any lease of comparable property if the lease was freely made in good faith within a reasonable time before or after the date of valuation.

California § 818. (818. (Added by Stats. 1965, Ch. 1151.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 1965, Ch. 1151.

View on official source ↗