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Earlier editions: 2020-112018-112026-09

DIVISION 7. ADMINISTRATION OF ESTATES OF DECEDENTS 7000-12591›PART 5. ESTATE MANAGEMENT 9600-10382›CHAPTER 16. Granting Option to Purchase Real Property 9960-9966

§ 9962

California Probate Code · 2026-10 edition · updated 2026-10-04 · California

The purchase price of the real property subject to the option shall be at least 90 percent of the appraised value of the real property. The appraisal shall be made in the manner provided in subdivision (c) of Section 10309 within one year prior to the hearing of the petition.

(Enacted by Stats. 1990, Ch. 79.)

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California Probate Code

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