Utah Admin. Code R850-3-500 - No Interest Conveyed by Submitting Application
1. Until an executed instrument of
conveyance, lease, permit, or right is delivered or mailed to the successful
applicant, applications for the purchase, exchange, or use of trust lands or
resources shall not convey or vest the applicant with any rights or
interests.
2. The Trust Lands
Administration may reject any application before execution if it determines
that rejection is in the best interest of the trust.
3. If an application is rejected, all moneys
tendered by the applicant, except the application fee, shall be
refunded.
4. Should an applicant
desire to withdraw the application, the applicant must make a written request.
If the request is received before the time that the application is considered
for formal action, all moneys tendered by the applicant, except the application
fee and any amounts expended on advertising or appraisals before the receipt of
the withdrawal request, will be refunded. If the request for withdrawal is
received after the application is approved, all moneys tendered are forfeited
to the Trust Lands Administration, unless otherwise ordered for a good cause
shown.
5. Any deposit to cover
advertising, appraisal costs and processing fees shall be forfeited if any
lease, permit, grant, or certificate is offered but not executed by the
applicant.
Notes
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