Title 40 — Public Buildings, Property, and WorksRelease 119-73
§1302 Lease of buildings
Title 40 › Subtitle SUBTITLE I— - FEDERAL PROPERTY AND ADMINISTRATIVE SERVICES › Chapter CHAPTER 13— - PUBLIC PROPERTY › § 1302
Summary
Federal buildings and property must be leased only for money, unless another law specifically allows otherwise. A lease cannot use repairs, changes, or improvements as part of the rent. Rent payments must go into the U.S. Treasury as miscellaneous receipts.
Full Legal Text
Title 40, §1302
Public Buildings, Property, and Works — Source: USLM XML via OLRC
Except as otherwise specifically provided by law, the leasing of buildings and property of the Federal Government shall be for a money consideration only. The lease may not include any provision for the alteration, repair, or improvement of the buildings or property as a part of the consideration for the rent to be paid for the use and occupation of the buildings or property. Money derived from the rent shall be deposited in the Treasury as miscellaneous receipts.
Legislative History
Notes & Related Subsidiaries
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large) 130240:303b.June 30, 1932, ch. 314, § 321, 47 Stat. 412. The words “On and after June 30, 1932” are omitted as obsolete.
Reference
Citations & Metadata
Citation
40 U.S.C. § 1302
Title 40 — Public Buildings, Property, and Works
Last Updated
Apr 6, 2026
Release point: 119-73