25 CFR §162.350
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)Unless the lease provides otherwise, the lessee must notify all Indian landowners of the proposed assignment.
- (b)The Indian landowners, or their representatives under § 162.013, must consent to an assignment of a residential lease in the same percentages and manner as a new residential lease under § 162.012, unless the lease:
- (1)Provides for assignments without further consent of the Indian landowners or with consent in specified percentages and manner;
- (2)Provides that individual Indian landowners are deemed to have consented where they do not object in writing to the assignment within a specified period of time following the landowners' receipt of the assignment and the lease meets the requirements of paragraph (c) of this section;
- (3)Authorizes one or more of the Indian landowners to consent on behalf of all Indian landowners; or
- (4)Designates us as the Indian landowners' representative for the purposes of consenting to an assignment.
- (c)If the lease provides for deemed consent under paragraph (b)(2) of this section, it must require the parties to submit to us:
- (d)The lessee must obtain the consent of the holders of any mortgages.