Residential Land Lease definition
Residential Land Lease or “Lease” means a written agreement entered into between the lessor and a lessee or between a sublessor and a sublessee where the lessee or sublessee is granted a right to possess, occupy, and use Nation’s Land for a residential purpose and for a specific duration in accordance with this Chapter.
Residential Land Lease means the legal instrument between the Tribe and a Band Member, as an Assignee, to evidence the legal right to an Assignment pursuant to this Ordinance. A “Residential Land Lease” issued under this Ordinance and approved by the Bureau of Indian Affairs shall be synonymous with the term “Assignment” as used in this Ordinance and as provided for under the Rincon Articles of Association, Section 6 b.