APPROVAL NOT REQUIRED TO VALIDATE CERTAIN LAND TRANSACTIONS.

SEC. 701. APPROVAL NOT REQUIRED TO VALIDATE CERTAIN LAND TRANSACTIONS. (a) Transactions.—The Seminole Tribe of Florida may mortgage, lease, sell, convey, warrant, or otherwise transfer all or any part of any interest in any real property that— (1) was held by the Tribe on September 1, 2002; and (2) is not held in trust by the United States for the benefit of the Tribe. (b) No Further Approval Required.—Transactions under subsection (a) shall be valid without farther approval, ratification, or authorization by the United States. (c) Trust Land Not Affected.—Nothing in this section is intended or shall be construed to— (1) authorize the Seminole Tribe of Florida to mortgage, lease, sell, convey, warrant, or otherwise transfer all or any part of an interest in any real property that is held in trust by the United States for the benefit of the Tribe; or (2) affect the operation of any law governing mortgaging, leasing, selling, conveying, warranting, or otherwise transferring any interest in such trust land.