An applicant shall select and retain an independent real estate appraiser to determine the value of the conservation easement, which shall be calculated by determining the difference between the fair market value and the restricted value of the property.
Cal. Pub. Res. Code § 12262
Selection Criteria and Process
Known as the California Forest Legacy Program Act
The act spans §§ 12200–12276 (27 sections).
Added by Stats. 2007, Ch. 657, Sec. 1
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.