California, United States of America
The following excerpt is from Los Angeles County v. Union Distributing Co., 260 Cal.App.2d 125, 67 Cal.Rptr. 107 (Cal. App. 1968):
Section 1271.2 of the Code of Civil Procedure (now Evid.Code, 816), which was enacted after the decision in County of Los Angeles v. Faus, 48 Cal.2d 672, 312 P.2d 680, provided in part that when relevant to the determination of the value of property, a witness may take into account as a basis for his opinion the price and other circumstances of a sale of comparable property. Said section further provided: 'In [260 Cal.App.2d 129] order to
Page 110
The above passage should not be considered legal advice. Reliable answers to complex legal questions require comprehensive research memos. To learn more visit www.alexi.com.