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Code · CFR · Title 36 — Parks, Forests, and Public Property · Part 51 · § 51.65

§ 51.65. May the concessioner gain additional leasehold surrender interest by replacing a fixture in which the concessioner has a leasehold surrender interest?

45 words·~1 min read·/us/cfr/t36/s§ 51.65·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A concessioner that replaces an existing fixture in which the concessioner has a leasehold surrender interest with a new fixture will increase its leasehold surrender interest by the amount of the construction cost of the replacement fixture less the construction cost of the replaced fixture.
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