Current through October 31, 2024
Section 169.113 - Must a right-of-way grant for individually owned Indian land provide for compensation reviews or adjustments?(a) For a right-of-way grant of individually owned Indian land, a review of the adequacy of compensation must occur at least every fifth year, in the manner specified in the grant unless:(1) Payment is a one-time lump sum;(2) The term of the right-of-way grant is 5 years or less;(3) The grant provides for automatic adjustments; or(4) We determine it is in the best interest of the Indian landowners not to require a review or automatic adjustment based on circumstances including, but not limited to, the following:(i) The right-of-way grant provides for payment of less than fair market value;(ii) The right-of-way grant provides for most or all of the compensation to be paid during the first 5 years of the grant term or before the date the review would be conducted; or(iii) The right-of-way grant provides for graduated rent or non-monetary or varying types of compensation.(b) The grant must specify: (1) When adjustments take effect;(2) Who can make adjustments;(3) What the adjustments are based on; and(4) How to resolve disputes arising from the adjustments.(c) When a review results in the need for adjustment of compensation, the Indian landowners must consent to the adjustment in accordance with § 169.107 , unless the grant provides otherwise.