Page:United States Statutes at Large Volume 110 Part 1.djvu/1118

 110 STAT. 1094 PUBLIC LAW 104-127—APR. 4, 1996 (1) in subsection (b), by striking "subsection (e)" and inserting "subsections (c) and (e)"; (2) by striking subsection (c) and inserting the following: "(c) SALE OF PROPERTY. — "(1) IN GENERAL.— Subject to this subsection and subsection (e)(1)(A), the Secretary shall offer to sell real property that is acquired by the Secretary under this title using the following order and method of sale: "(A) ADVERTISEMENT.—Not later than 15 days after acquiring real property, the Secretary shall publicly advertise the property for sale. "(B) BEGINNING FARMER OR RANCHER.— "(i) IN GENERAL.—Not later than 75 days after acquiring real property, the Secretary shall offer to sell the property to a qualified beginning farmer or rancher at current market value based on a current appraisal. "(ii) RANDOM SELECTION.— I f more than 1 qualified beginning farmer or rancher offers to purchase the property, the Secretary shall select between the qualified applicants on a random basis. "(iii) APPEAL OF RANDOM SELECTION. —^A random selection or denial by the Secretary of a beginning farmer or rancher for farm inventory property under this subparagraph shall be final and not administratively appealable. "(C) PUBLIC SALE. —I f no acceptable offer is received from a qualified beginning farmer or rancher under subparagraph (B) not later than 75 days after acquiring the real property, the Secretary shall, not later than 30 days after the 75-day period, sell the property after public notice at a public sale, and, if no acceptable bid is received, by negotiated sale, at the best price obtainable. "(2) TRANSITIONAL RULES.— "(A) PREVIOUS LEASE.—In the case of real property acquired prior to the date of enactment of this subparagraph that the Secretary leased prior to the date of enactment of this subparagraph, not later than 60 days after the lease expires, the Secretary shall offer to sell the property in accordance with paragraph (1). "(B) PREVIOUSLY IN INVENTORY.— In the case of real property acquired prior to the date of enactment of this subparagraph that the Secretary has not leased, not later than 60 days after the date of enactment of this subparagraph, the Secretary shall offer to sell the property in accordance with paragraph (1). "(3) INTEREST.— "(A) IN GENERAL.— Subject to subparagraph (B), any conveyance of real property under this subsection shall include all of the interest of the United States in the property, including mineral rights. "(B) CONSERVATION. — The Secretary may for conservation purposes grant or sell an easement, restriction, development right, or similar legal right to real property to a State, a political subdivision of a State, or a private nonprofit organization separately from the underlying fee or other rights to the property owned by the United States.

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