[Code of Federal Regulations]
[Title 36, Volume 1]
[Revised as of July 1, 2006]
From the U.S. Government Printing Office via GPO Access
[CITE: 36CFR17.8]

[Page 245-246]
 
              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

[[Page 246]]

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.