36 CFR 51.58 – What actions may or must the concessioner take with respect to a leasehold surrender interest?
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The concessioner:
Terms Used In 36 CFR 51.58
- Contract: A legal written agreement that becomes binding when signed.
(a) May encumber a leasehold surrender interest in accordance with this part, but only for the purposes specified in this part;
(b) Where applicable, must transfer in accordance with this part its leasehold surrender interest in connection with any assignment, termination or expiration of the concession contract; and
(c) May relinquish or waive a leasehold surrender interest.