When relevant to the determination of the value of property, a witness may take into account as a basis for an opinion the price and other terms and circumstances of any sale or contract to sell and purchase which included the property or property interest being valued or any part thereof if the sale or contract was freely made in good faith within a reasonable time before or after the date of valuation, except that in an eminent domain proceeding where the sale or contract to sell and purchase includes only the property or property interest being taken or a part thereof, such sale or contract to sell and purchase may not be taken into account if it occurs after the filing of the lis pendens.
Cal. Evid. Code § 815
Evidence of Market Value of Property
Applied in 3 court decisions — leading case 17 Cal. App. 4th 1268 - County Sanitation District No. 8 v. Watson Land Co. (1993)
Most recently applied in City of Corona v. Liston Brick Co. (August 2012)
Amended by Stats. 1978, Ch. 294.
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.