SECTIONS 1263.310-1263.330 - California Statutes

CODE OF CIVIL PROCEDURE

SECTION 1263.310-1263.330

1263.310. Compensation shall be awarded for the property taken. The
measure of this compensation is the fair market value of the
property taken.

1263.320. (a) The fair market value of the property taken is the
highest price on the date of valuation that would be agreed to by a
seller, being willing to sell but under no particular or urgent
necessity for so doing, nor obliged to sell, and a buyer, being
ready, willing, and able to buy but under no particular necessity for
so doing, each dealing with the other with full knowledge of all the
uses and purposes for which the property is reasonably adaptable and
available.
(b) The fair market value of property taken for which there is no
relevant, comparable market is its value on the date of valuation as
determined by any method of valuation that is just and equitable.

1263.321. A just and equitable method of determining the value of
nonprofit, special use property for which there is no relevant,
comparable market is as set forth in Section 824 of the Evidence
Code, but subject to the exceptions set forth in subdivision (c) of
Section 824 of the Evidence Code.

1263.330. The fair market value of the property taken shall not
include any increase or decrease in the value of the property that is
attributable to any of the following:
(a) The project for which the property is taken.
(b) The eminent domain proceeding in which the property is taken.
(c) Any preliminary actions of the plaintiff relating to the
taking of the property.