[Code of Federal Regulations]
[Title 36, Volume 1]
[Revised as of July 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 36CFR18.5]

[Page 258]
 
              TITLE 36--PARKS, FORESTS, AND PUBLIC PROPERTY
 
      CHAPTER I--NATIONAL PARK SERVICE, DEPARTMENT OF THE INTERIOR
 
PART 18_LEASING OF PROPERTIES IN PARK AREAS--Table of Contents
 
Sec.  18.5  May property be leased without receiving fair market value 
rent?

    Property may be leased under this part only if the lease requires 
payment of rent to the government equal to or higher than the property's 
fair market value rent. The determination of fair market value rent 
shall take into account:
    (a) Any restrictions on the use of the property or terms of the 
lease that limit the value and/or the highest and best use of the 
property; and
    (b) Any requirements under the lease for the lessee to restore, 
rehabilitate or otherwise improve the leased property.