LawWiki
HomeCodesSearchGlossaryAPIAbout
LawWiki

Plain English summaries of California law with zero-hallucination AI. Every summary is verified against official source text.

Product

  • Search
  • Codes
  • About

Legal

  • Privacy Policy
  • Terms of Service
  • Disclaimer

© 2026 LawWiki. All rights reserved.

HomeEvidence CodeDiv. 7Ch. 1Art. 2§ 812 Market Value Interpretation

§ 812 Market Value Interpretation

Evidence Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 812 Market Value Interpretation

Key Takeaways

  • •This law doesn't change what 'market value' means.
  • •It keeps the old rules about 'fair market value' the same.
  • •It doesn't add new rules or change old ones.

Example

If you sell your old bike, its market value is what someone is willing to pay for it.

This law doesn't change how you figure out the bike's value. You still use the old rules.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 812 Market Value Interpretation

This article is not intended to alter or change the existing substantive law, whether statutory or decisional, interpreting the meaning of “market value,” whether denominated “fair market value” or otherwise. (Amended by Stats. 1978, Ch. 294.)

Last verified: January 22, 2026

Key Terms

market valuefair market value

Related Statutes

  • § 811 Property Value Definition
  • § 1410 Authentication Of Writings
  • § 1410.5 Graffiti Evidence Admissibility
  • § 1411 Witness Testimony Not Required
  • § 1412 Witness Testimony Authentication Rules

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Evidence Code. Section 812.
View Official Source