{"data":{"id":"us/43-cfr-2201.5","jurisdiction":"us","citation":"43 CFR 2201.5","heading":"Exchanges at approximately equal value.","body":"(a) The authorized officer may exchange lands that are of approximately equal value when it is determined that:\n(1) The exchange is in the public interest and the consummation of the proposed exchange will be expedited;\n(2) The value of the lands to be conveyed out of Federal ownership is not more than $150,000 as based upon a statement of value prepared by a qualified appraiser and approved by the authorized officer;\n(3) The Federal and non-Federal lands are substantially similar in location, acreage, use, and physical attributes; and\n(4) There are no significant elements of value requiring complex analysis.\n(b) The authorized officer shall determine that the Federal and non-Federal lands are approximately equal in value and shall document how the determination was made.","path":["Title 43—Public Lands: Interior","Subtitle B—Regulations Relating to Public Lands","CHAPTER II—BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR","SUBCHAPTER B—LAND RESOURCE MANAGEMENT (2000) Group 2000—Land Resource Management; General","PART 2200—EXCHANGES: GENERAL PROCEDURES","Subpart 2201—Exchanges—Specific Requirements"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-43.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:15Z","sha256":"96131a781ce882b952905ca0f0734a5216eda3d0d9606ad47a9cc7bdbe586798","source_id":"us-cfr","stale":true,"prev":"us/43-cfr-2201.4","next":"us/43-cfr-2201.6"},"notice":"GroundRules: Original legal text. Not legal advice."}