California Public Resources Code 32648 – Notwithstanding any other provision of law, the conservancy may not …
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Notwithstanding any other provision of law, the conservancy may not enter into an option to purchase land in fee simple or a lesser interest for an amount in excess of three hundred thousand dollars ($300,000).
(Added by Stats. 2002, Ch. 574, Sec. 1. Effective January 1, 2003.)
Terms Used In California Public Resources Code 32648
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.