Pub. L. 117-266, sec. 4 (as amended)

CONDITIONS OF THE CONVEYANCE OF THE PROPERTIES.

Year: 2022Length: 125 wordsOfficial source
SEC. 4. CONDITIONS OF THE CONVEYANCE OF THE PROPERTIES. (a) Conditions.—The conveyance of the properties under section 3— (1) shall be made by warranty deed; and (2) shall not— (A) require any consideration from the Consortia or the Council for the property; (B) impose any obligation, term, or condition on the Consortia or the Council regarding the property; or (C) allow for any reversionary interest of the United States in the property. (b) Effect on Any Quitclaim Deed.—The conveyance by the Secretary of title by warranty deed under subsection (a)(1) shall, on the effective date of the conveyance, supersede and render of no future effect any quitclaim deed to the properties described in section 3 executed by the Secretary and the Consortia or the Council.
Pub. L. 117-266, sec. 4 (as amended): CONDITIONS OF THE CONVEYANCE OF THE PROPERTIES. | Justis AI