30 U.S.C. § 705

Purchase price of conveyed interest; installment payments

Read at: OLRCuscode.house.gov CornellLII GovInfogovinfo.gov JustiaTitle 30 CasesGoogle Scholar

The Secretary of the Interior, prior to any conveyance under this chapter, shall determine the fair market value of the interest to be conveyed, exclusive of the value of any improvements placed on the lands involved by the applicant or his predecessors in interest. Said value shall be determined as of the date of appraisal. In establishing the purchase price to be paid by the applicant for the interest, the Secretary shall take into consideration any equities of the applicant and his predecessors in interest, including conditions of prior use and occupancy. In any event the purchase price for any interest conveyed shall not exceed its fair market value nor be less than $5 per acre. The Secretary may, in his discretion, allow payment to be made in installments.

Notes of Decisions

Cited in 1 case, 2017–2017 · leading case: Becerra v. United States Dep't of the Interior, 276 F. Supp. 3d 953 (N.D. Cal. 2017).

Sort: Relevance Newest Treatment

Becerra v. United States Dep't of the Interior, 276 F. Supp. 3d 953 (N.D. Cal. 2017). “On February 17, 2017, the plaintiffs in the District of Wyoming suits sent a letter to ONRR' which “ask[ed] ONRR to postpone the implementation of the Rule under 30 U.S.C. § 705 of the Administrative Procedure Act.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.