DEERFIELD LAND EXCHANGE.

SEC. 1404. DEERFIELD LAND EXCHANGE.(a) In General.—For the purpose of protecting and consolidating Federal land within the Monument, the Secretary—(1) may offer to convey to Deerfield Learning Associates the Federal parcel in exchange for the Deerfield parcel; and(2) if Deerfield Learning Associates accepts the offer—(A) the Secretary shall convey to Deerfield Learning Associates all right, title, and interest of the United States in and to the Federal parcel; and(B) Deerfield Learning Associates shall convey to the Secretary all right, title, and interest of Deerfield Learning Associates in and to the Deerfield parcel.(b) Surveys.—(1) In general.—The exact acreage and legal description of the Federal parcel and the Deerfield parcel shall be determined by surveys approved by the Secretary.(2) Costs.—The responsibility for the costs of any surveys conducted under paragraph (1), and any other administrative costs of carrying out the land exchange, shall be determined by the Secretary and Deerfield Learning Associates.(c) Conditions.—(1) In general.—The conveyance of the Federal parcel and the Deerfield parcel under this section shall be subject to—123 STAT. 1030(A) valid existing rights;(B) title to the Deerfield parcel being acceptable to the Secretary and in conformance with the title approval standards applicable to Federal land acquisitions;(C) such terms and conditions as the Secretary may require; and(D) except as otherwise provided in this section, any laws (including regulations) applicable to the conveyance and acquisition of land by the Bureau of Land Management.(d) Appraisals.—(1) In general.—The Federal parcel and the Deerfield parcel shall be appraised by an independent appraiser selected by the Secretary.(2) Requirements.—An appraisal conducted under paragraph (1) shall be conducted in accordance with—(A) the Uniform Appraisal Standards for Federal Land Acquisitions; and(B) the Uniform Standards of Professional Appraisal Practice.(3) Approval.—The appraisals conducted under this subsection shall be submitted to the Secretary for approval.