For purposes of this chapter, the following definitions apply: (a) âDetermination of valueâ means a court order determining the fair market value of the property under Section 874.316 or 874.320 or adopting the valuation of the property agreed to by all cotenants. (b) âPartition by saleâ means a court-ordered sale of the entire property, whether by auction, sealed bids, or open-market sale conducted under Section 874.320. (c) âPartition in kindâ means the division of property into physically distinct and separately titled parcels. (d) âRecordâ means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form.
‹ Prev All California sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.