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Federal regulations · Through 2026-08-25 · Newer source version available

36 CFR 18.5: May property be leased without receiving fair market value rent?

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Where this section sits in the code
  1. Title 36—Parks, Forests, and Public Property
  2. CHAPTER I—NATIONAL PARK SERVICE, DEPARTMENT OF THE INTERIOR
  3. PART 18—LEASING OF PROPERTIES IN PARK AREAS

Property may be leased under this part only if the lease requires payment of rent to the government equal to or higher than the property's fair market value rent. The determination of fair market value rent shall take into account:

(a) Any restrictions on the use of the property or terms of the lease that limit the value and/or the highest and best use of the property; and

(b) Any requirements under the lease for the lessee to restore, rehabilitate or otherwise improve the leased property.

Collected 2026-08-27T02:25:44Z. Source file · JSON

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