Statute · California Public Resources Code
Cal. Pub. Res. Code § 5063 — Lease Contracts for Park and Recreational Areas
Cal. Pub. Res. Code § 5063
- Type
- Statute
- Source
- California Public Resources Code
- Jurisdiction
- California
- Date
- 2026-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Before entering into any lease contract, the lands proposed to be leased shall be appraised by the department to determine the fair market value of the lands. The total amount of rent to be paid for the entire term under any lease contract shall not be in excess of the fair market value of the…
Citator
Cal. Pub. Res. Code § 5063 — Lease Contracts for Park and Recreational Areas is in force in the current edition of the Code, and nothing recorded condemns it.
Before entering into any lease contract, the lands proposed to be leased shall be appraised by the department to determine the fair market value of the lands. The total amount of rent to be paid for the entire term under any lease contract shall not be in excess of the fair market value of the lands, as determined by the appraisal. The Department of General Services shall review and approve any appraisal conducted by the department pursuant to this section, unless review and approval is waived by the Department of General Services.