1. LawStack
  2. Title 36 - Parks, Forests, and Public Property
  3. Chapter I - NATIONAL PARK SERVICE, DEPARTMENT OF THE INTERIOR
  4. Part 51 - CONCESSION CONTRACTS
  5. Subpart G - Leasehold Surrender Interest
  6. 36 CFR § 51.65
36 CFR § 51.65
May the concessioner gain additional leasehold surrender interest by replacing a fixture in which the concessioner has a leasehold surrender interest?
November 4, 2020
CFR

A concessioner that replaces an existing fixture in which the concessioner has a leasehold surrender interest with a new fixture will increase its leasehold surrender interest by the amount of the construction cost of the replacement fixture less the construction cost of the replaced fixture.

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§ 51.64 May the concessioner gain additional leasehold surrender interest by undertaking a major rehabilitation or adding to a structure in which the concessioner has a leasehold surrender interest?
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§ 51.66 Under what conditions will a concessioner obtain a leasehold surrender interest in existing real property improvements in which no leasehold surrender interest exists?

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