43 CFR 30.416
§ 30.416 How does OHA decide whether a bid is successful?
United States · 43 CFR — Public Lands: Interior · Status: effective
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- Citation
- 43 CFR 30.416, § 30.416 How does OHA decide whether a bid is successful?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/209795
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Full text
OHA will decide that a bid is successful if it meets the following requirements:
(a) The bid is equal to or greater than the fair market value of the interest and was timely filed.
(b) In cases in which consent of an heir, devisee, or surviving spouse is required for the purchase, the applicable heir devisee, or surviving spouse accepts a bid.
(1) OHA may hold a hearing for the purpose of determining whether the applicable heir, devisee, or surviving spouse accepts a bid.
(2) If multiple bids are submitted, the applicable heir, devisee, or surviving spouse may choose which bid to accept.
(3) If the applicable heir, devisee, or surviving spouse does not accept any bid for his or her property interest, the request to purchase that property interest at probate will be denied.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.