California Codes > Government Code > Title 1 > Division 7 > Chapter 12 – Purchase of Interests and Rights in Real Property
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Terms Used In California Codes > Government Code > Title 1 > Division 7 > Chapter 12 - Purchase of Interests and Rights in Real Property
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Bequest: Property gifted by will.
- City: includes "city and county" and "incorporated town" but does not include "unincorporated town" or "village. See California Government Code 20
- County: includes city and county. See California Government Code 19
- County: includes city and county. See California Health and Safety Code 14
- Devise: To gift property by will.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- 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
- Person: includes any person, firm, association, organization, partnership, limited liability company, business trust, corporation, or company. See California Government Code 17
- Person: means any person, firm, association, organization, partnership, business trust, corporation, limited liability company, or company. See California Health and Safety Code 19
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.