§ 48.101 Who may enter into a lease on behalf of a Bureau-operated school?
§ 48.102 With whom may the Director enter into a lease?
§ 48.103 What facilities may be leased?
§ 48.104 What standards will the Director use in determining whether to enter into a lease?
§ 48.105 What provisions must a lease contain?
§ 48.106 May a lessee construct permanent improvements under a lease?
§ 48.107 What consideration may a Bureau-operated school accept in exchange for a lease?
§ 48.108 How will the Bureau determine appropriate consideration for a lease?
§ 48.109 Who may use the funds?
§ 48.110 For what purposes may a Bureau-operated school use the funds?
§ 48.111 How does a lessee pay the Bureau-operated school under a lease?
§ 48.112 How are lease payments processed?
§ 48.113 Will late payment charges or special fees apply to delinquent lease payments?
§ 48.114 How long will the funds be available?
§ 48.115 How will the Bureau monitor the results achieved by the use of funds received from leases?
§ 48.116 Who may investigate compliance with a lease?
§ 48.117 What will the Bureau do about a violation of a lease?
§ 48.118 What will the Bureau do if a lessee does not cure a lease violation on time?
§ 48.119 May a lease be assigned, subleased, or mortgaged?

Terms Used In CFR > Title 25 > Chapter I > Subchapter E > Part 48 > Subpart B - Leasing of Bureau-Operated Facilities

  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Electronic funds transfer: The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.) Source: OCC
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Fraud: Intentional deception resulting in injury to another.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Oath: A promise to tell the truth.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.