C.F.R. » Title 43 » CHAPTER II—BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR › SUBCHAPTER C—MINERALS MANAGEMENT (3000) › PART 3500—LEASING OF SOLID MINERALS OTHER THAN COAL AND OIL SHALE › Subpart 3509—Fractional and Future Interest Lease Applications

43 C.F.R. § 3509.10

What are future interest leases?

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BLM issues noncompetitive future interest leases to persons who hold present mineral interests that will revert to the Federal Government at some future date. Future interest leases allow the present interest holders to continue using their present mineral right once the Federal Government acquires it.