Section 10513 Of Article 3. Real Property From California Public Contract Code >> Division 2. >> Part 2. >> Chapter 2.1. >> Article 3.
10513
. The publication and award procedures set forth in this
article shall not be applicable to any of the following:
(a) The sale of an undivided or fractional ownership interest in
real property.
(b) A sale of a right of use in real property that is less than
fee ownership.
(c) A sale of real property subject to title conditions or
restrictions on the university's ownership deriving from the origin
of that ownership by gift, devise, or otherwise, if that sale would
be inconsistent with those title conditions or restrictions.
(d) The disposition of real property acquired through exercise of
a power of sale pursuant to a deed of trust, foreclosure, deed in
lieu of foreclosure, transactions when property is accepted in
settlement of a defaulted mortgage, legal settlement, or held as an
asset in the university's investment portfolio.
(e) A sale of public lands under the direction of the federal land
agent.
(f) A sale to a person or entity who will dedicate the real
property to public use.
(g) A sale of real property acquired after January 1, 1985,
through eminent domain proceedings initiated by the Regents of the
University of California. In those cases, the person from whom the
property was acquired shall be notified and be accorded an exclusive
opportunity for 90 days to purchase the property at its fair market
value. If the person fails to undertake proceedings to purchase the
property within 90 days, the procedures specified in Sections 10511
and 10512 shall then be followed in the sale of the property.
(h) An exchange to acquire real property of another person or
entity for university purposes. Any exchange shall be upon terms and
conditions agreed to by the exchanging parties.