43 U.S.C. § 1068a
Appraisal
Upon the filing of an application to purchase any lands subject to the operation of this chapter, together with the required proof, the Secretary of the Interior shall cause the lands described in said application to be appraised, said appraisal to be on the basis of the value of such lands at the date of appraisal, exclusive of any increased value resulting from the development or improvement of the lands by the applicant or his predecessors in interest, and in such appraisal the Secretary shall consider and give full effect to the equities of any such applicant.
Notes of Decisions
Cited in 1
case, 1990–1990 · leading case: Albert M. Lipscomb v. United States of Am., Manuel Lujan, Jr., Sec'y of the Interior, Amoco Prod. Co., 906 F.2d 545 (11th Cir. 1990).
Albert M. Lipscomb v. United States of Am., Manuel Lujan, Jr., Sec'y of the Interior, Amoco Prod. Co., 906 F.2d 545 (11th Cir. 1990). “43 U.S.C.A. § 1068a. 16 . It is worth noting that even if we had found that the IBLA’s decision was an abuse of discretion because the IBLA based its decision on the purchase price, the remedy would not entail transferring the escrow funds to Lipscomb.”
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