§ 162.009 Do I need BIA approval of a subleasehold mortgage?
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Title 25 CFR: Indians › Chapter I: BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR › Part 162: LEASES AND PERMITS › Subpart A: General Provisions › § 162.009: § 162.009 Do I need BIA approval of a subleasehold mortgage?
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Unless the lease provides otherwise, sublease, or by request of the parties, you do not need our approval of a subleasehold mortgage. If the lease or sublease requires, or parties request, our approval, we will use the procedures governing our review of leasehold mortgages.
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