25 CFR 900.74 – How may an Indian tribe or tribal organization propose a lease to be compensated for the use of facilities?
Current as of: 2024 | Check for updates
|
Other versions
There are three options available:
Terms Used In 25 CFR 900.74
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
(a) The lease may be based on fair market rental.
(b) The lease may be based on a combination of fair market rental and paragraphs (a) through (h) of § 900.70, provided that no element of expense is duplicated in fair market rental.
(c) The lease may be based on paragraphs (a) through (h) of § 900.70 only.