Cal. Education Code § 81433
Cal. Education Code § 81433
California · California Education Code · Status: effective
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- Citation
- Cal. Education Code § 81433, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/804846
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Full text
In any lease made pursuant to this article, it shall be competent to provide that the community college district lessee may purchase the property at an agreed purchase price and that rental paid for the use of the property shall be applied in whole or in part upon the purchase price. The district lessee may cancel the lease at the end of any budgetary year, and in such case shall not be obligated to complete the lease and shall be released from all obligations thereunder.