43 CFR § 3435.3-3 - Agreement to terms.

---
identifier: "/us/cfr/t43/s3435.3-3"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "43 CFR § 3435.3-3 - Agreement to terms."
title_number: 43
title_name: "Public Lands: Interior"
section_number: "3435.3-3"
section_name: "Agreement to terms."
chapter_name: "BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR"
subchapter_number: "C"
subchapter_name: "MINERALS MANAGEMENT (3000)"
part_number: "3430"
part_name: "NONCOMPETITIVE LEASES"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "30 U.S.C. 181  30 U.S.C. 351-359; 30 U.S.C. 521-531; 30 U.S.C. 1201  and 43 U.S.C. 1701"
regulatory_source: "44 FR 42628, July 19, 1979, unless otherwise noted."
cfr_part: "3430"
---


# 3435.3-3 Agreement to terms.

(a) If both parties wish to proceed with the exchange, the authorized officer and the lessee or preference right lease applicant shall negotiate an exchange consistent with § 3435.1 of this title. The authorized officer shall consult with the regional coal team prior to initiation of such negotiations and shall consult again prior to finalization of the negotiated exchange.

(b) Land proposed for lease in exchange for, or for inclusion in, an existing lease or preference right lease application shall be subject to leasing under Group 3400 or 3500 of this title as appropriate, and any coal lands shall have been found to be acceptable for further consideration for leasing under § 3420.1 of this title.

[44 FR 42628, July 19, 1979, as amended at 47 FR 33144, July 30, 1982; 48 FR 37656, Aug. 19, 1983]