43 CFR 3509.10 - What are future interest leases?

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Title 43: Public Lands: Interior

Subtitle B: Regulations Relating to Public Lands (Continued)

CHAPTER II: BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR

SUBCHAPTER C: MINERALS MANAGEMENT (3000)

PART 3500: LEASING OF SOLID MINERALS OTHER THAN COAL AND OIL SHALE

Subpart 3509: Fractional and Future Interest Lease Applications

3509.10 - What are future interest leases

BLM issues noncompetitive future interest leases to persons who hold present mineral interests that will revert to the Federal Government at some future date. Future interest leases allow the present interest holders to continue using their present mineral right once the Federal Government acquires it.



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