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Code of Federal Regulations Title 25. Indians § 25.162.453 May a lessee sublease a business lease?

Current as of January 02, 2025 | Updated by Findlaw Staff

(a) A lessee may sublease a business lease by meeting the consent requirements in § 162.454 and obtaining our approval of the sublease under §§ 162.455 and 162.456, or by meeting the conditions in paragraph (b) of this section.

(b) Where the sublease is part of a commercial development or residential development, the lessee may sublease without meeting consent requirements or obtaining BIA approval of the sublease, if:

(1) The lease provides for subleasing without meeting consent requirements or obtaining BIA approval;

(2) The sublease does not relieve the lessee/sublessor of any liability;  and

(3) The parties provide BIA with a copy of the sublease within 30 days after it is executed.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 25. Indians § 25.162.453 May a lessee sublease a business lease? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-25-indians/cfr-sect-25-162-453/

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