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2021 California Code
Probate Code - PROB
DIVISION 7 - ADMINISTRATION OF ESTATES OF DECEDENTS
PART 5 - ESTATE MANAGEMENT
CHAPTER 16 - Granting Option to Purchase Real Property
Section 9962.
Universal Citation:
CA Prob Code § 9962 (2021)
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9962.
The purchase price of the real property subject to the option shall be at least 90 percent of the appraised value of the real property. The appraisal shall be made in the manner provided in subdivision (c) of Section 10309 within one year prior to the hearing of the petition.
(Enacted by Stats. 1990, Ch. 79.)
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