§ 12260 If the department determines that the proposed conservation easement …
§ 12262 An applicant shall select and retain an independent real estate …
§ 12263 The department shall act on an application for the acquisition of a …
§ 12264 The department may disapprove the application for the acquisition of …

Terms Used In California Codes > Public Resources Code > Division 10.5 > Chapter 4 - Selection Criteria and Process

  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.