42 U.S.C. § 2347 : US Code - Section 2347: Sale of lots to lessees or individual owners

Search 42 U.S.C. § 2347 : US Code - Section 2347: Sale of lots to lessees or individual owners

(a) Notwithstanding any other provision of this chapter, the
Commission is authorized, immediately upon passage of this chapter,
or immediately upon the inclusion of the community within the
provisions of this chapter, to offer for sale to the lessees single
residential lots, which were leased by competitive bid and which do
not have a Government-owned building thereon, at a price equal to
the initial valuation of the lot as stated in the lease.
(b) The Commission is authorized to offer for sale, as soon as
possible, other lots, to individual owners, upon which single
family or duplex houses may be erected, taking into consideration
the zoning restrictions the new city is likely to enact with
respect to those lots. The zoning restrictions to be taken into
account at Los Alamos shall be those which the local government is
likely to enact with respect to those lots.
« Prev
Occupancy by existing tenants
Up
Sales of property for private use
Next »
Priority sale of apartment houses

FindLaw Career Center