[Code of Federal Regulations]
[Title 36, Volume 1]
[Revised as of July 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 36CFR18.10]

[Page 234-235]
 
              TITLE 36--PARKS, FORESTS, AND PUBLIC PROPERTY
 
      CHAPTER I--NATIONAL PARK SERVICE, DEPARTMENT OF THE INTERIOR
 
PART 18--LEASING OF PROPERTIES IN PARK AREAS--Table of Contents
 
Sec. 18.10  How long can the term of a lease be?

    All leases entered into under this part shall have as short a term 
as possible, taking into account the financial

[[Page 235]]

obligations of the lessee and other factors related to determining an 
appropriate lease term. No lease shall have a term of more than 60 
years. Leases entered under the authority of this part may not be 
extended, except that, leases with an initial term of one (1) year or 
more may be extended once for a period not to exceed one (1) additional 
year if the Director determines that an extension is necessary because 
of circumstances beyond the Director's control.