25 C.F.R. · Indians
25 C.F.R. § 162.211

What type of valuation or evaluation methods will be applied in estimating the fair annual rental of Indian land?

Title 25 C.F.R. ● ACTIVE Primary Source
Regulatory Text

25 C.F.R. § 162.211 — What type of valuation or evaluation methods will be applied in estimating the fair annual rental of Indian land?

§ 162.211 What type of valuation or evaluation methods will be applied in estimating the fair annual rental of Indian land? (a) To support the Indian landowners in their negotiations, and to assist in our consideration of whether an agricultural lease is in the Indian landowners' best interest, we must determine the fair annual rental of the land prior to our grant or approval of the lease, unless the land may be leased at less than a fair annual rental under § 162.222(b) through (c) of this subpart. (b) A fair annual rental may be determined by competitive bidding, appraisal, or any other appropriate valuation method. Where an appraisal or other valuation is needed to determine the fair annual rental, the appraisal or valuation must be prepared in accordance with USPAP.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR25-SEC-03CEC5
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25 C.F.R. § 162.211
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The regulatory text of 25 C.F.R. § 162.211 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 25 25 C.F.R. § 162.211