§ 15551.4. Real Property—in General.

Source: https://govt.westlaw.com/calregs/Document/IE9E999734C8311EC89E5000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&contextData=(sc.Default)

The valuation of real property for gift tax purposes will depend upon all the facts and circumstances in each case. In making the valuation all relevant and competent evidence will be given consideration.

Note: Reference: Section 15551, Revenue and Taxation Code.