(a)
In general— On request of the landowner, the Secretary shall, under such terms and conditions as the Secretary may prescribe and subject to valid existing rights, convey to the landowner all right, title, and interest of the United States in and to any portion of the Federal land (including any improvements or appurtenances to the Federal land) by sale.
(b)
Survey; administrative costs—
(1)
Survey— The exact acreage and legal description of the Federal land to be conveyed under subsection (a) shall be determined by a survey approved by the Secretary.
(2)
Costs— The administrative costs associated with the conveyance shall be paid by the landowner.
(c)
Consideration—
(1)
In general— As consideration for the conveyance of the Federal land under subsection (a), the landowner shall pay to the Secretary an amount equal to the fair market value of the Federal land conveyed, as determined under paragraph (2).
(2)
Appraisal— The fair market value of any Federal land that is conveyed under subsection (a) shall be determined by an appraisal acceptable to the Secretary that is performed in accordance with—
(A)
the Uniform Appraisal Standards for Federal Land Acquisitions;
(B)
the Uniform Standards of Professional Appraisal Practice; and
(C)
any other applicable law (including regulations).
(d)
Disposition and use of proceeds— The Secretary shall deposit the proceeds of any conveyance of Federal land under subsection (a) in the general account of the Treasury to be used for deficit reduction.
(e)
Additional terms and conditions— The Secretary may require such additional terms and conditions for a conveyance under subsection (a) as the Secretary determines to be appropriate to protect the interests of the United States.
(f)
Withdrawal— Subject to valid existing rights, the Federal land is withdrawn from—
(1)
location, entry, and patent under the mining laws; and
(2)
disposition under all laws relating to mineral and geothermal leasing or mineral materials.