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Cal. Educ. Code § 81527

Lease and Lease-Purchase of Sites, Buildings, and Facilities

Enacted by Stats. 1976, Ch. 1010.

In any lease made pursuant to Section 81526, it shall be competent to provide that the community college district lessee may purchase the relocatable structure at an agreed purchase price and that rental paid for the use of such structure or building shall be applied in whole or in part upon the purchase price.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.