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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 43 - Public Lands: Interior |
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Subtitle A - Office of the Secretary of the Interior |
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Part 30 - Indian Probate Hearings Procedures |
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Subpart M - Purchase at Probate |
§ 30.422 - What will happen to any lease income received or accrued from purchased land interests before the purchased interest vests in the purchaser?
Latest version.
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§ 30.422 What will happen to any lease income received or accrued from purchased land interests before the purchased interest vests in the purchaser?
Any lease income received or accrued from a property interest before the date the purchased interest vests in the purchaser will be paid to the heir(s), devisee(s), or surviving spouse from whom purchase of the interest was made based on the fractional ownership interests in the parcel as determined in the decision or distribution order.