43 CFR 2547.3
§ 2547.3 Price of land; payment.
United States · 43 CFR — Public Lands: Interior · Status: effective
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- Citation
- 43 CFR 2547.3, § 2547.3 Price of land; payment, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/211002
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Full text
(a) The land applied for shall be appraised for fair market value at the time of appraisal. However, in determination of the price payable by the applicant, value resulting from development and occupation by the applicant or his predecessors in interest shall be deducted from the appraised price.
(b) The applicant shall also be required to pay administrative costs, including:
(1) The cost of making the survey,
(2) The cost of appraisal, and
(3) The cost of making the conveyance.
(c) The applicant shall be required to make payment of the sale price and administrative costs within the time stated in the requests for payment or any extensions granted thereto by the authorized officer.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.