[Code of Federal Regulations]
[Title 36, Volume 1]
[Revised as of July 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 36CFR17.8]

[Page 229]
 
              TITLE 36--PARKS, FORESTS, AND PUBLIC PROPERTY
 
      CHAPTER I--NATIONAL PARK SERVICE, DEPARTMENT OF THE INTERIOR
 
PART 17--CONVEYANCE OF FREEHOLD AND LEASEHOLD INTERESTS ON LANDS OF THE NATIONAL PARK SYSTEM--Table of Contents
 
Sec. 17.8  Conveyance.

    Conveyance of a leasehold or freehold interest shall be by lease or 
deed, as appropriate, at the highest bid price, but not less than fair 
market value. All conveyance of leasehold or freehold interests shall 
contain such terms and conditions as the Secretary deems necessary to 
assure use of the property in a manner consistent with the purpose for 
which the area was authorized by Congress. The conveyancing or leasing 
document shall contain such provisions and restrictions as may be 
determined by the Secretary to be necessary to protect the natural, 
historic, cultural or other values present on the lands. All conveyances 
shall be without warranty.