§ 169.113 - Must a right-of-way grant for individually owned Indian land provide for compensation reviews or adjustments?

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For a right-of-way grant of individually owned Indian land, a review of the adequacy of compensation must occur at least every fifth year, in the manner specified in the grant unless:

Payment is a one-time lump sum;

The term of the right-of-way grant is 5 years or less;

The grant provides for automatic adjustments; or

We determine it is in the best interest of the Indian landowners not to require a review or automatic adjustment based on circumstances including, but not limited to, the following:

The right-of-way grant provides for payment of less than fair market value;

The right-of-way grant provides for most or all of the compensation to be paid during the first 5 years of the grant term or before the date the review would be conducted; or

The right-of-way grant provides for graduated rent or non-monetary or varying types of compensation.

The grant must specify:

When adjustments take effect;

Who can make adjustments;

What the adjustments are based on; and

How to resolve disputes arising from the adjustments.

When a review results in the need for adjustment of compensation, the Indian landowners must consent to the adjustment in accordance with § 169.107, unless the grant provides otherwise.