California § 402.5 - When valuing property by comparison with sales of other properties, in order to b
Full text of California Public Contract Code - PCC § 402.5 — When valuing property by comparison with sales of other properties, in order to b, with citation guidance and answers to common questions.
§ 402.5. When valuing property by comparison with sales of other properties, in order to b
When valuing property by comparison with sales of other properties, in order to be considered comparable, the sales shall be sufficiently near in time to the valuation date, and the properties sold shall be located sufficiently near the property being valued, and shall be sufficiently alike in respect to character, size, situation, usability, zoning, or other legal restriction as to use unless rebutted pursuant to Section 402.1, to make it clear that the properties sold and the properties being valued are comparable in value and that the cash equivalent price realized for the properties sold may fairly be considered as shedding light on the value of the property being valued. âNear in time to the valuation dateâ does not include any sale more than 90 days after the valuation date.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 402.5
What does Public Contract Code - PCC § 402.5 cover?
Section 402.5 ("When valuing property by comparison with sales of other properties, in order to b") 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 § 402.5?
A common citation format is "Public Contract Code - PCC § 402.5" (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 § 402.5 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.