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.
Cal. Evid. Code § 818
Evidence of Market Value of Property
Applied in 3 court decisions — leading case 187 Cal. App. 4th 831 - New West Charter Middle School v. Los Angeles Unified School District (2010)
Most recently applied in 187 Cal. App. 4th 831 - New West Charter Middle School v. Los Angeles Unified School District (September 2010)
Added by Stats. 1965, Ch. 1151.
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.