Fabio
76b8ec33a7
Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
36 lines
1.9 KiB
Markdown
36 lines
1.9 KiB
Markdown
---
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type: "LegalText"
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title: "30 U.S.C. § 705"
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description: "Purchase price of conveyed interest; installment payments"
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jurisdiction: "us"
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corpus: "united_states_code"
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kind: "code_section"
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title_number: 30
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title_name: "MINERAL LANDS AND MINING"
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chapter_number: "20"
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chapter_name: "CONVEYANCES TO OCCUPANTS OF UNPATENTED MINING CLAIMS"
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section: "705"
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citation: "30 U.S.C. § 705"
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status: "current"
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release_point: "119-100"
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release_date: "2026-06-26"
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source: "official"
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source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc30@119-100.zip"
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source_identifier: "/us/usc/t30/s705"
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source_file: "data/legal/raw/us/code/title-30/usc30.xml"
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source_hash: "2b4c8f7a402683be15bc97708ace13c9ee8d1f46309095c7bf32b200324c1a78"
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raw_snapshot_hash: "355f8eb5c6ad5372de4a8e665d9ed90202d53d2aac19ac001d43948af4a4dd2f"
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text_hash: "717f8436add8ecc1416d537a4312028ab76ff555ec33a204019565f83e3fe028"
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retrieved_at: "2026-07-04"
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confidence: "official"
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tags: ["legal", "us-code"]
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---
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# 30 U.S.C. § 705 - Purchase price of conveyed interest; installment payments
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## Text
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The Secretary of the Interior, prior to any conveyance under this chapter, shall determine the fair market value of the interest to be conveyed, exclusive of the value of any improvements placed on the lands involved by the applicant or his predecessors in interest. Said value shall be determined as of the date of appraisal. In establishing the purchase price to be paid by the applicant for the interest, the Secretary shall take into consideration any equities of the applicant and his predecessors in interest, including conditions of prior use and occupancy. In any event the purchase price for any interest conveyed shall not exceed its fair market value nor be less than $5 per acre. The Secretary may, in his discretion, allow payment to be made in installments.
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(Pub. L. 87–851, § 5, Oct. 23, 1962, 76 Stat. 1128.)
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