California Education Code 81431 – Any sale, exchange, lease or grant of an interest in real property by …
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Any sale, exchange, lease or grant of an interest in real property by a community college district pursuant to Section 81430 shall be upon such terms and conditions as the parties thereto may agree and may be entered into without complying with any provisions of this code except as provided in this article.
(Enacted by Stats. 1976, Ch. 1010.)
Terms Used In California Education Code 81431
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.