§ 7263.5
65 words·~1 min read·
/ca/government-code/7263-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For purposes of Section 7263, the leasing of a condominium for a 99-year period, or for a term which exceeds the life expectancy of the displaced person as determined from the most recent life tables in Vital Statistics of the United States, as published by the Public Health Service of the Department of Health, Education, and Welfare, shall be deemed a purchase of the condominium.