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2025 California Code
Evidence Code - EVID
DIVISION 7 - OPINION TESTIMONY AND SCIENTIFIC EVIDENCE
CHAPTER 1 - Expert and Other Opinion Testimony
ARTICLE 2 - Evidence of Market Value of Property
Section 818.
Universal Citation:
CA Ev Code § 818 (2025)
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818. 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.
(Added by Stats. 1965, Ch. 1151.)
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