BlackletterCalifornia law

Probate Code § 9962

CHAPTER 16. Granting Option to Purchase Real Property

Current as of September 28, 2026Prob. Code, § 9962Official source ↗

Enacted by Stats. 1990, Ch. 79.

The purchase price of the real property subject to the option shall be at least 90 percent of the appraised value of the real property. The appraisal shall be made in the manner provided in subdivision (c) of Section 10309 within one year prior to the hearing of the petition.