25 CFR § 162.249 Leases and Permits

§ 162.249 Will any special fees be assessed on delinquent rent payments due under an agricultural lease?

Current through Jun 5, 2025 · Read all of Part 162

The following special fees will be assessed if rent is not paid in the time and manner required, in addition to any interest or late payment penalties that must be paid to the Indian landowners under an agricultural lease. The following special fees will be assessed to cover administrative costs incurred by the United States in the collection of the debt:

The tenant will pay * * *For * * *
(a) $50.00Administrative fee for dishonored checks.
(b) $15.00Administrative fee for BIA processing of each notice or demand letter.
(c) 18% of balance dueAdministrative fee charged by Treasury following referral for collection of delinquent debt.

← § 162.248 What will BIA do if rent payments are not made in the time and manner required by an agricultural lease?§ 162.250 How will BIA determine whether the activities of a tenant under an agricultural lease are in compliance with the terms of the lease? →