§162.322. How will BIA determine fair market rental for a residential lease? — Inbound Citations
25 C.F.R. § 162.322
Statutory Authority
Cited by 2 regulations in release Current.
Citations to 25 U.S.C. § 162.322 as a whole
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(b) The tribe may request, in writing, that we determine fair market rental, in which case we will use a valuation in accordance with § 162.322. After providing the tribe with the fair market rental, we will defer to a tribe's decision to allow for any payment amount negotiated by the tribe.
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(b) We will require a valuation in accordance with § 162.322, unless:(1) One hundred percent of the Indian landowners submit to us a written request to waive the valuation requirement; or