CALIFORNIA FAMILY LAW
...Community Property Issues
......Valuation
.........Opinion of Owner
7 Cards On This Topic:
  • Owner or spouse may testify as to value.
  • A property owner’s right to testify as to value of property is not absolute; must still satisfy the same rules of admissibility as any other witness regarding the value of real property.
  • Owner competent to testify as to value of property on date transmuted into c/p for purposes of Fam. Code §2640 reimbursement; no foundation required.
  • H may testify as to value of house to be awarded W.
  • Owner of property qualified to give opinion re its value.
  • Owner may testify as to value of business.
  • Owner may testify as to FMV of own property; may not testify to its value for specific use, only FMV.