---
kind: "section"
citation: "30 C.F.R. § 585.505"
title: "30"
number: "585.505"
heading: "What are the rent and operating fee requirements for a limited lease?"
url: "https://uscodex.org/cfr/30/585.505"
---

# §585.505. What are the rent and operating fee requirements for a limited lease?

- (a) The rent for a limited lease is $3 per acre per year, unless otherwise established in the Final Sale Notice and/or your lease instrument.
- (b) You must pay ONRR the initial 12 months' rent 45 days after you receive the lease copies from BOEM in accordance with the requirements provided in [§ 585.500(c)(3)](/cfr/30/585.500.md?p=c-3).
- (c) You must pay ONRR as provided in [30 CFR 1218.51](/cfr/30/1218.51.md) the rent due at the beginning of each subsequent 1-year period on the entire lease area for the duration of your operations period.
- (d) BOEM will not charge an operating fee for the authorized sale of power from a limited lease.

## Notes

### Source

Source: 89 FR 42740, May 15, 2024, unless otherwise noted.

### Authority

Authority: 43 U.S.C. 1337.

### Source

Source: 88 FR 6430, Jan. 31, 2023, unless otherwise noted.