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HomeGovernment CodeCh. 7Art. 2§ 87206 Investment And Property Disclosure

§ 87206 Investment And Property Disclosure

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

§ 87206 Investment And Property Disclosure

Key Takeaways

  • •If you have to tell people about money you invested or property you own, you must say what it is and where it is.
  • •You must say how much it’s worth, but only in big groups like $2,000–$10,000 or more than $1,000,000.
  • •You don’t have to talk about the home you live in—only other property.
  • •If you bought or sold something during the year, you have to say when that happened.

Example

A city council member owns a small apartment building.

She has to say it’s an apartment building, where it is, and that it’s worth between $100,000 and $1,000,000. She doesn’t have to say the exact dollar amount, just which big group it fits in.

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

Official Source
View on CA.gov

§ 87206 Investment And Property Disclosure

If an investment or an interest in real property is required to be disclosed under this article, the statement shall contain: (a) A statement of the nature of the investment or interest. (b) The name of the business entity in which each investment is held, and a general description of the business activity in which the business entity is engaged. (c) The address or other precise location of the real property. (d) A statement whether the fair market value of the investment or interest in real property equals or exceeds two thousand dollars ($2,000) but does not exceed ten thousand dollars ($10,000), whether it exceeds ten thousand dollars ($10,000) but does not exceed one hundred thousand dollars ($100,000), whether it exceeds one hundred thousand dollars ($100,000) but does not exceed one million dollars ($1,000,000), or whether it exceeds one million dollars ($1,000,000). (e) In the case of a statement filed under Sections 87203 or 87204, if the investment or interest in real property was partially or wholly acquired or disposed of during the period covered by the statement, the date of acquisition or disposal. (f) For purposes of disclosure under this article, “interest in real property” does not include the principal residence of the filer or any other property which the filer utilizes exclusively as the personal residence of the filer. (Amended by Stats. 2000, Ch. 130, Sec. 8. Effective January 1, 2001. Note: This section was added on June 4, 1974, by initiative Prop. 9.)

Last verified: January 22, 2026

Key Terms

investmentstatementacquisitiondisposalportpropertyreal estateresidence

Related Statutes

  • § 87202 Financial Disclosure For Officials
  • § 87206.5 Leasehold Interest Disclosure Requirements
  • § 87208 Disclosure Reference For Investments
  • § 87302 Conflict Of Interest Disclosures
  • § 66499.34 Permit Denial For Illegal Divisions

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Government Code. Section 87206.
View Official Source