Sec. 3. EXCHANGE OF LAND; EQUALIZATION OF VALUE

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## SEC. 3 EXCHANGE OF LAND; EQUALIZATION OF VALUE ###

(a)Exchange Authorized Subject to the provisions of this Act, not later than 2 years after the date of the enactment of this Act, if the Church offers to convey the Offered Tract to the United States, the Secretary shall— ####

(1)convey to the Church all right, title, and interest of the United States in and to the Selected Tract; and ####

(2)accept from the Church a conveyance of all right, title, and interest of the Church in and to the Offered Tract. ###

(b)Requirements The exchange under subsection

(a)shall be— ####

(1)subject to valid existing rights; ####

(2)conditioned on an equalization payment made by the Church in accordance with subsection (c); and ####

(3)conditioned on the payment of the costs described in subsection (g). ###

(c)Equal Value and Cash Equalization ####

(1)In general Except as provided in paragraph (2), the exchange under subsection

(a)shall be for equal value or the values shall be equalized by a cash payment. ####

(2)Exception If the value of the Offered Tract exceeds the Selected Tract, an equalization payment shall not be required. ###

(d)Appraisals ####

(1)In general The value of the land to be exchanged under this Act shall be determined by appraisals conducted by one or more independent and qualified appraisers. ####

(2)Appraisal standards The Secretary shall complete an appraisal of the land to be exchanged under this Act in accordance with— #####

(A)the Uniform Appraisal Standards for Federal Land Acquisitions; and #####

(B)the Uniform Standards of Professional Appraisal Practice. ###

(e)Format Title and valuation to the land to be exchanged under this Act shall be in a format acceptable to the Secretary and the Church. ###

(f)Map and Legal Descriptions ####

(1)In general As soon as practicable after the date of the enactment of this Act, the Secretary shall finalize a map and legal descriptions of all land to be conveyed under this Act. ####

(2)Corrections The Secretary may correct any minor errors in the map or in the legal descriptions. ####

(3)Map on file The map and legal descriptions shall be on file and available for public inspection in appropriate offices of the United States Forest Service. ###

(g)Costs of Conveyance As a condition of conveyance, any costs related to the conveyance under this section shall be paid by the Church.