17 Alaska Admin. Code § 10.013

Current through October 17, 2024
Section 17 AAC 10.013 - Establishing economic rent

For purposes of 17 AAC 10.011(b), the department will establish economic rent for a right-of-way held in fee simple by the use of commonly accepted real estate appraisal techniques. For rights-of-way held as easements, the consideration for the issuance of the permit is 90 percent of the economic rent established under this section for a right-of-way held in fee simple. A permittee shall reimburse the department for appraisal costs incurred to determine economic rent.

17 AAC 10.013

Eff. 4/20/2000, Register 154

Authority:AS 19.05.020

AS 19.05.070

AS 19.25.200

AS 44.42.030