Section 8940 Of Article 3. Time For Probate Referee Appraisal From California Probate Code >> Division 7. >> Part 3. >> Chapter 3. >> Article 3.
8940
. (a) The probate referee shall promptly and with reasonable
diligence appraise the property scheduled for appraisal by the
probate referee in the inventory that the personal representative
delivers to the referee.
(b) The probate referee shall, not later than 60 days after
delivery of the inventory, do one of the following:
(1) Return the completed appraisal to the personal representative.
(2) Make a report of the status of the appraisal. The report shall
show the reason why the property has not been appraised and an
estimate of the time needed to complete the appraisal. The report
shall be delivered to the personal representative and filed with the
court.