§ 81472 Property Exchange Appraisal Board
Imagine your school wants to swap its old playground with a neighbor's empty lot to build a new gym.
Your school picks one person to say how much the playground is worth, and the neighbor picks another person to say how much the empty lot is worth. The county school boss picks a third person to help. They all get paid, and your school pays for its person and half of the county's person's pay. If the empty lot is worth more, your school might have to pay the neighbor some money to make the trade fair.
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§ 81472 Property Exchange Appraisal Board
Last verified: January 23, 2026