Section R850-3-500 - No Interest Conveyed by Submitting Application1. Until an executed instrument of conveyance, lease, permit, or right is delivered or mailed to the successful applicant, applications for the purchase, exchange, or use of trust lands or resources shall not convey or vest the applicant with any rights or interests.2. The Trust Lands Administration may reject any application before execution if it determines that rejection is in the best interest of the trust.3. If an application is rejected, all moneys tendered by the applicant, except the application fee, shall be refunded.4. Should an applicant desire to withdraw the application, the applicant must make a written request. If the request is received before the time that the application is considered for formal action, all moneys tendered by the applicant, except the application fee and any amounts expended on advertising or appraisals before the receipt of the withdrawal request, will be refunded. If the request for withdrawal is received after the application is approved, all moneys tendered are forfeited to the Trust Lands Administration, unless otherwise ordered for a good cause shown.5. Any deposit to cover advertising, appraisal costs and processing fees shall be forfeited if any lease, permit, grant, or certificate is offered but not executed by the applicant.Utah Admin. Code R850-3-500
Amended by Utah State Bulletin Number 2022-16, effective 8/8/2022