La. Admin. Code tit. 70 § XVII-301

Current through Register Vol. 50, No. 11, November 20, 2024

Section XVII-301 - Policy

A. It shall be the policy of the Department of Transportation and Development to require a $100 processing fee from any person or entity desiring to purchase state-owned properties. When a request for purchase is received, an application form will be sent to the requestor requiring the $100 processing fee, together with acquisition data, map or survey, and other pertinent information concerning the desired property. If the property in question is approved for disposal, this $100 processing fee will be credited toward the purchase price of the property. In the event the disposal is not approved or a sale is not consummated, the $100 processing fee is non-refundable.

B. Purpose. The requirement of a processing fee is necessary to cover the cost of research and processing involved in disposal of immovable property.

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La. Admin. Code tit. 70, § XVII-301

Promulgated by the Department of Transportation and Development, Office of Real Estate, LR 19:785 (June 1993).

AUTHORITY NOTE: Promulgated in accordance with R.S. 48:221.