§1495 Land and personal property titles

Summary

When land is bought with loans guaranteed or insured under this law, the federal government can hold the title in trust for the tribe or the Indian who bought it. The government won’t put land into trust if it is outside a reservation or an approved tribal consolidation area unless the buyer already had trust or restricted interests in that land before the purchase. If the buyer did not already have those interests, the title must be in the buyer’s name with no limits on selling, controlling, or using the land. Personal property bought with these loans must be titled in the purchaser’s name.