R850-30-200. Terms of Leases  


Latest version.
  • 1. The agency may issue special use leases for surface uses of trust lands, excluding grazing, for terms of up to 51 years.

    2. In exceptional cases, the agency may issue leases for a term of up to 99 years when it has been determined that such a term would be in the best interest of the trust beneficiaries.

    3. The agency shall issue leases for the term most consistent with land management objectives found in R850-2. The term of a lease shall not normally be for a period longer than specified below for a particular lease type.

    (a) Military: 10 years

    (b) Agricultural: 20 years

    (c) Telecommunications: 20 years

    (d) Commercial: 51 years

    (e) Industrial: 51 years

    (f) Residential: 51 years

    (g) Governmental (Other than Military): 51 years.