California Codes > Streets and Highways Code > Division 4 > Part 8 – DETERMINATION OF TRUE VALUE
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| § 2980 | (a) As used in this division, the “true value of parcels” and … |
Terms Used In California Codes > Streets and Highways Code > Division 4 > Part 8 - DETERMINATION OF TRUE VALUE
- 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.
- Fraud: Intentional deception resulting in injury to another.