36 CFR 18.5
§ 18.5 May property be leased without receiving fair market value rent?
United States · 36 CFR — Parks, Forests, and Public Property · Status: effective
Cite this
- Citation
- 36 CFR 18.5, § 18.5 May property be leased without receiving fair market value rent?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/158756
- Permanent ID
ys:prov:158756@1- SHA-256
d0e4aaa5a807d0607b5e9e2783bb0f1da2f5c91f3234d4c2404e923b447cefab
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Property may be leased under this part only if the lease requires payment of rent to the government equal to or higher than the property's fair market value rent. The determination of fair market value rent shall take into account:
(a) Any restrictions on the use of the property or terms of the lease that limit the value and/or the highest and best use of the property; and
(b) Any requirements under the lease for the lessee to restore, rehabilitate or otherwise improve the leased property.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.