[Code of Federal Regulations]
[Title 36, Volume 1]
[Revised as of July 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 36CFR18.10]

[Page 259]
 
              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 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.