Idaho Administrative Code
Title IDAPA 20 - Lands, Department of
Rule 20.03.17 - RULES GOVERNING LEASES ON STATE-OWNED NAVIGABLE WATERWAYS
Section 20.03.17.045 - APPRAISAL PROCEDURES
Universal Citation: ID Admin Code 20.03.17.045
Current through August 31, 2023
Appraisals may be used to determine the market value of adjacent uplands for calculating submerged lease rental rates. An appraisal will be conducted by a licensed appraiser selected by the Department, although the applicant may propose an appraiser to the Department. The Department will provide appraisal instructions. The appraisal will be performed in a timely manner, and a copy sent to the Department and the applicant. The expense of the appraisal will be borne by the applicant. (3-30-23)
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