{"data":{"id":"us/30-cfr-585.505","jurisdiction":"us","citation":"30 CFR 585.505","heading":"What are the rent and operating fee requirements for a limited lease?","body":"(a) The rent for a limited lease is $3 per acre per year, unless otherwise established in the Final Sale Notice and/or your lease instrument.\n(b) You must pay ONRR the initial 12 months' rent 45 days after you receive the lease copies from BOEM in accordance with the requirements provided in § 585.500(c)(3).\n(c) You must pay ONRR as provided in 30 CFR 1218.51 the rent due at the beginning of each subsequent 1-year period on the entire lease area for the duration of your operations period.\n(d) BOEM will not charge an operating fee for the authorized sale of power from a limited lease.","path":["Title 30—Mineral Resources","CHAPTER V—BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR","SUBCHAPTER B—OFFSHORE","PART 585—RENEWABLE ENERGY ON THE OUTER CONTINENTAL SHELF","Subpart F—Payments and Financial Assurance Requirements"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-30.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:24Z","sha256":"04e491ac5e60ae6e8acce533173bb5271f1e7966c9505a7fc46be84142df8066","source_id":"us-cfr","stale":true,"prev":"us/30-cfr-585.504","next":"us/30-cfr-585.506"},"notice":"GroundRules: Original legal text. Not legal advice."}