California § 10203 - Except as provided in subdivision (b), where property to be sold consists of a le
Full text of California Public Contract Code - PCC § 10203 — Except as provided in subdivision (b), where property to be sold consists of a le, with citation guidance and answers to common questions.
§ 10203. Except as provided in subdivision (b), where property to be sold consists of a le
(a) Except as provided in subdivision (b), where property to be sold consists of a leasehold interest, the sale shall be made as in the case of the sale of personal property of the estate. (b) The sale of a leasehold interest shall be made as in the case of the sale of real property of the estate if the interest to be sold consists of any of the following: (1) A leasehold interest in real property with an unexpired term of 10 years or longer. For this purpose, the leasehold interest shall be considered to have an unexpired term of 10 years or longer if the lessee has the right to extend the term and the term, if extended, would exceed 10 years. (2) A leasehold interest in real property together with an option to purchase the leased property or some part thereof. (3) A lease for the purpose of production of minerals, oil, gas, or other hydrocarbon substances, or geothermal energy.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 10203
What does Public Contract Code - PCC § 10203 cover?
Section 10203 ("Except as provided in subdivision (b), where property to be sold consists of a le") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 10203?
A common citation format is "Public Contract Code - PCC § 10203" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 10203 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.