Chapter 23 — REAL PROPERTY TRANSACTIONS
San Francisco Administrative Code § 23.20 Payment
San Francisco Administrative Code · 2026-08 edition · updated 2026-09-24 · San Francisco
Cite as: San Francisco Administrative Code § 23.20 · Text as of 2026-09-24
Transfers of Real Property pursuant to this Article shall be paid for no less than 100% of the appraised value, except where the Board of Supervisors determines by resolution that a lesser sum will further a proper public purpose, and provided that the Public Utilities Commission shall be paid at least the historical cost of such Real Property. (Added as Sec. 23.17 by Ord. No. 7919 (1939); redesignated and amended by Ord. 15-01, File No. 001965, App. 2/2/2001; amended by Ord. 103-16 , File No. 160361, App. 6/24/2016, Eff. 7/24/2016)
(Former Sec. 23.20 redesignated as Sec. 23.27 and amended by Ord. 15-01, File No. 001965, App. 2/2/2001)
ARTICLE III:
LEASES WHEN CITY IS TENANT
| Sec. 23.25. | Director of Property to Make Leases. |
|---|---|
| Sec. 23.26. | Year-to-Year and Shorter Leases. |
| Sec. 23.27. | Execution of Leases; Appraisals and Appraisal Reviews; Resolution Authorizing Lease. |
| Sec. 23.28. | SFUSD Leases to the City Directly Serving the Public; Public Notice Required Prior to Termination or Expiration of the Lease. |
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