Section 815 Of Article 2. Evidence Of Market Value Of Property From California Evidence Code >> Division 7. >> Chapter 1. >> Article 2.
815
. When relevant to the determination of the value of property, a
witness may take into account as a basis for an opinion the price
and other terms and circumstances of any sale or contract to sell and
purchase which included the property or property interest being
valued or any part thereof if the sale or contract was freely made in
good faith within a reasonable time before or after the date of
valuation, except that in an eminent domain proceeding where the sale
or contract to sell and purchase includes only the property or
property interest being taken or a part thereof, such sale or
contract to sell and purchase may not be taken into account if it
occurs after the filing of the lis pendens.