Statute · California Evidence Code
Cal. Evid. Code § 818 — Evidence of Market Value of Property
Cal. Evid. Code § 818
- Type
- Statute
- Source
- California Evidence Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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…
Citator
Cal. Evid. Code § 818 — Evidence of Market Value of Property is in force in the current edition of the Code, and nothing recorded condemns it.
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.