43 C.F.R. § 2885.21 How must I make rent payments for my grant or TUP?
Title 43 - Public Lands: Interior
(a) For TUPs you must make a one-time nonrefundable payment for the term of the TUP. For grants, you must make either nonrefundable annual payments or nonrefundable payments for more than 1 year, as follows: (1) One-time payments. You may pay in advance the required rent amount for the entire term of the grant. (2) If you choose not to make a one-time payment, you must pay according to one of the following methods, as applicable: (i) Payments by individuals. If your annual rent is $100 or less, you must pay at 10-year intervals not to exceed the term of the grant. If your annual rent is greater than $100, you may pay annually or at multi-year intervals that you may choose. (ii) Payments by all others. You must pay rent in advance at ten-year intervals not to exceed the term of the grant. (b) BLM considers the first partial calendar year in the rent payment period to be the first year of the rental payment term. BLM prorates the first year rental amount based on the number of months left in the calendar year after the effective date of the grant.
Title 43: Public Lands: Interior
PART 2880—RIGHTS-OF-WAY UNDER THE MINERAL LEASING ACT
Subpart 2885—Terms and Conditions of MLA Grants and TUPs
§ 2885.21 How must I make rent payments for my grant or TUP?
