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16 U.S.C. · Conservation
16 U.S.C. § 425m

Retained rights

Ch. 1 — NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORES
Title 16 U.S.C. ● ACTIVE Primary Source Ch. 1
Statutory Text

16 U.S.C. § 425m — Retained rights

U.S.C. Title 16 - CONSERVATION 16 U.S.C. United States Code, 2023 Edition Title 16 - CONSERVATION CHAPTER 1 - NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORES SUBCHAPTER LX - NATIONAL MILITARY PARKS Sec. 425m - Retained rights From the U.S. Government Publishing Office, www.gpo.gov

§425m. Retained rights

(a) Retention of use and occupancy With the exception of property which the Secretary determines is necessary for development or public use, the owner or owners of improved property acquired pursuant to sections 425k to 425o of this title may retain a right of use and occupancy of such improved property for noncommercial residential purposes for a definite term of not more than twenty-five years, or for a term ending at the death of the owner or the owner's spouse. The owner shall elect the term to be reserved, except that if the owner is a corporation, trust, partnership, or any entity other than an individual, the term shall not exceed twenty-five years. Ownership shall be determined as of June 1, 1989. Unless the property is wholly or partially donated, the Secretary shall pay to the owner the fair market value of the property on the date of such acquisition, less the fair market value of the right retained by the owner. (b) Terms and conditions Any rights retained pursuant to this section shall be subject to such terms and conditions as the Secretary may prescribe and may be terminated by the Secretary upon his determination and after reasonable notice to the owner thereof that such property is being used for any purpose which is incompatible with the administration, protection, or public use of the park. Such right shall terminate by operation of law upon notification of the owner by the Secretary and tendering to the owner an amount equal to the fair market value of that portion of the right which remains unexpired. (c) "Improved property" defined As used in this section, the term "improved property" means a year-round noncommercial single-family dwelling together with such land, in the same ownership as the dwelling, as the Secretary determines is reasonably necessary for the enjoyment of the dwelling for single-family residential use.

(Pub. L. 101–214, §4, Dec. 11, 1989, 103 Stat. 1850.)

Source: uscode.house.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC16-SEC-F90903
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
16 U.S.C. § 425m
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
6926d69b94c0e6c3...
Semantic Edges
Pending — corpus passes queued
The statutory text of 16 U.S.C. § 425m is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 16 U.S.C. § 425l 16 U.S.C. § 425n →
Ch. 1 — NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORES
16 U.S.C. § 116 U.S.C. § 1a16 U.S.C. § 1a116 U.S.C. § 1a216 U.S.C. § 1a316 U.S.C. § 1a416 U.S.C. § 1a516 U.S.C. § 1a616 U.S.C. § 1a716 U.S.C. § 1a7a16 U.S.C. § 1a7b16 U.S.C. § 1a816 U.S.C. § 1a916 U.S.C. § 1a1016 U.S.C. § 1a1116 U.S.C. § 1a1216 U.S.C. § 1a1316 U.S.C. § 1a1416 U.S.C. § 1b16 U.S.C. § 1c16 U.S.C. § 1d16 U.S.C. § 1e16 U.S.C. § 1f16 U.S.C. § 1g16 U.S.C. § 1h16 U.S.C. § 1i16 U.S.C. § 1j16 U.S.C. § 216 U.S.C. § 316 U.S.C. § 3a
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boisestandard.org → United States → Law → U.S. Code → Title 16 → 16 U.S.C. § 425m