California Codes, Code of Civil Procedure - CCP, Part 2 — Of Civil Actions, Title 10.5 — Partition of Real and Personal Property, Chapter 10 — Partition of Real Property Act, Section 874.312

For purposes of this chapter, the following definitions apply:

(a) “Determination of value” means a court order determining the fair market value of the property under Section 874.316 or 874.320 or adopting the valuation of the property agreed to by all cotenants.

(b) “Partition by sale” means a court-ordered sale of the entire property, whether by auction, sealed bids, or open-market sale conducted under Section 874.320.

(c) “Partition in kind” means the division of property into physically distinct and separately titled parcels.

(d) “Record” means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form.

Notes

Defines key terms for the chapter: “determination of value” as the specified court fair-market-value order or an all-cotenant agreed valuation; “partition by sale” as a court-ordered entire-property sale; “partition in kind” as division into separately titled physical parcels; and “record” as retrievable information stored on a tangible, electronic, or other medium.

Use as reference

Lexinter.net | California Code, Code of Civil Procedure - CCP § 874.312 | https://laws.lexinter.net/codes/california/code-of-civil-procedure/part-2/title-10-5/chapter-10/section-874-312

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