---
kind: "section"
citation: "43 U.S.C. § 565"
title: "43"
title_heading: "Public Lands"
number: "565"
heading: "Terms of sale of town lots; installments of price"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/43/565"
units:
  - "Chapter 12 — Reclamation and Irrigation of Lands by Federal Government"
  - "Subchapter XV — Town Sites, Parks, Playgrounds, and School Sites"
---

# §565. Terms of sale of town lots; installments of price


In the sale of town lots under the provisions of sections [562](/usc/43/562.md) and [563](/usc/43/563.md) of this title the [Secretary](/usc/43/485a.md?p=b) of the Interior may, in his discretion, require payments for such town lots in full at time of sale or in annual installments, not exceeding five, with interest at the rate of 6 per centum per annum on deferred payments.


## Source credit

(June 11, 1910, ch. 284, § 2, 36 Stat. 466.)

## Notes

### Editorial Notes

### References in Text

Section 594 of this title, referred to in text, was omitted from the Code.