California Law (Last Updated: March 4, 2014) |
Education Code - EDC |
Title 3. POSTSECONDARY EDUCATION |
Division 7. COMMUNITY COLLEGES |
Part 49. COMMUNITY COLLEGES, EDUCATION FACILITIES |
Chapter 2. Property: Sale,Lease, Use, Gift, and Exchange |
ARTICLE 15. Lease and Lease-Purchase of Sites, Buildings, and Facilities |
Section 81527.
Latest version.
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In any lease made pursuant to Section 81526, it shall be competent to provide that the community college district lessee may purchase the relocatable structure at an agreed purchase price and that rental paid for the use of such structure or building shall be applied in whole or in part upon the purchase price.
(Enacted by Stats. 1976, Ch. 1010.)