Cal. Code Regs. tit. 10 § 2288
Current through Register 2024 Notice Reg. No. 45, November 8, 2024
The appraisal of real estate may be made, if and when, on the basis of net earnings, it is indicated that property may be worth substantially less than cost plus the cost of capitalized improvements, less normal depreciation. In determining such net income, a rental charge or estimate by the owner for its own occupancy of all or part of such real property shall be limited to a reasonable amount with due regard to what a willing tenant other than the owner would pay in a free market.
Cal. Code Regs. Tit. 10, § 2288
2. Amendment filed 2-7-69 as an emergency; designated effective 2-7-69 (Register 69, No. 6).
2. Amendment filed 2-7-69 as an emergency; designated effective 2-7-69 (Register 69, No. 6).