CALIFORNIA FAMILY LAW
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Community Property Issues
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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.