§ 556.1100 How does a lease expire?
§ 556.1101 May I relinquish my lease or an aliquot part thereof?
§ 556.1102 Under what circumstances will BOEM cancel my lease?

Terms Used In CFR > Title 30 > Chapter V > Subchapter B > Part 556 > Subpart K - Ending a Lease

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Dependent: A person dependent for support upon another.
  • Fraud: Intentional deception resulting in injury to another.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • 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
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.