25 C.F.R. § 162.414

May permanent improvements be made under a business lease?

Last amended: 2016Year: 2025Length: 59 wordsSubsections: 2Official source

Cite as 25 C.F.R. § 162.414 (2025)

The lessee may construct permanent improvements under a business lease if the business lease specifies, or provides for the development of: (a) A plan that describes the type and location of any permanent improvements to be constructed by the lessee; and (b) A general schedule for construction of the permanent improvements, including dates for commencement and completion of construction.