California Government Code 92303 – Any lease may provide the means or methods by which title shall vest …
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Any lease may provide the means or methods by which title shall vest in a participating party upon the termination of the lease and shall contain other terms and conditions that the commission may determine.
(Added by Stats. 1982, Ch. 1553, Sec. 2.)
Terms Used In California Government Code 92303
- 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