California Government Code 25366.5 – In the case of real property which is leased, sold, exchanged, or …
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In the case of real property which is leased, sold, exchanged, or otherwise disposed of pursuant to this chapter, the failure of the county to comply with the procedures applicable to such lease, sale, exchange, or other disposition shall not invalidate the interest of a bona fide lessee, purchaser, or encumbrancer for value.
(Added by Stats. 1984, Ch. 516, Sec. 1.)
Terms Used In California Government Code 25366.5
- County: includes city and county. See California Government Code 19
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.