Question: 1 / 115

State lands can never be sold for less than:

$3.00 per acre

The provision that state lands can never be sold for less than $3.00 per acre establishes a minimum price point for transactions involving state lands, ensuring that sales reflect a baseline value. This policy is designed to protect the state’s interests and maintain a fair market value for public lands. By setting a minimum price, the state seeks to prevent undervaluation of its resources and ensure that public lands are managed in a way that serves the best interests of the state's residents.

On the other hand, leasing, grazing, and auction sales are relevant to how state lands can be utilized or disposed of, but they do not establish a minimum sale price. These options involve different methods of managing or utilizing state lands rather than setting a baseline value for sales. This underscores the importance of recognizing the specific details related to the sale of state lands, particularly the established minimum price.

Leased

Used for grazing

Sold at auction

Next

Report this question