Federal Lease Law and Legal Definition
According to 42 USCS § 7101 [Title 42. The Public Health and Welfare; Chapter 84. Department of Energy], "Federal lease" means an agreement which, for any consideration, including but not limited to, bonuses, rents, or royalties conferred and covenants to be observed, authorizes a person to explore for, or develop, or produce (or to do any or all of these) oil and gas, coal, oil shale, tar sands, and geothermal resources on lands or interests in lands under Federal jurisdiction.
Legal Definition list
Related Legal Terms
- 1890 Lease
- 99 Year Lease
- Absolute Triple Net Lease
- Accompanying the Federal Government Outside the United States
- Accounting Series Release
- Active Voters [Federal Elections]
- Actuarial Documents [Federal Crop Insurance Corporation]
- Actuarially Appropriate [Federal Crop Insurance Corporation]
- Administrative Committee of the Federal Register
- Administrative Governor [Federal Reserve System]
