Plain English Breakdown
Checked against official source text during the last sync.
Property Exchange for Tensas Parish
This act allows the Tensas Parish School Board to sell or exchange certain school lands, provided they get an appraisal and reserve mineral rights.
What This Bill Does
- Allows the Tensas Parish School Board to sell or exchange land that is no longer needed for schools.
- Requires the School Board to get a professional appraisal of the land before selling or exchanging it.
- Ensures that any exchanged property must be worth at least as much as what is given up.
- Requires the School Board to keep all mineral rights when exchanging lands.
Who It Names or Affects
- The Tensas Parish School Board
- People who own or want to buy land in Tensas Parish
Terms To Know
- Appraisal
- An official estimate of the value of something, like a piece of land.
- Mineral rights
- The right to use and profit from minerals found under a piece of land.
Limits and Unknowns
- This act only applies to specific lands in Tensas Parish.
- It does not specify what happens if the School Board cannot find an equal or better exchange for the land.