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PART 24—UNIFORM RELOCATION ASSISTANCE AND REAL PROPERTY ACQUISITION FOR FEDERAL AND FEDERALLY ASSISTED PROGRAMS›Subpart B—Real Property Acquisition

§ 24.105 Acquisition of tenant-owned improvements.

49 C.F.R. Part 24 — Uniform Relocation Assistance and Real Property Acquisition (government-wide URA rule) · 2026 edition · updated 2026-07-29 · United States

(a) Acquisition of improvements. When acquiring any interest in real property, the agency shall offer to acquire at least an equal interest in all buildings, structures, or other improvements located upon the real property to be acquired, which it requires to be removed or which it determines will be adversely affected by the use to which such real property will be put. This shall include any improvement owned by a tenant-owner who has the right or obligation to remove the improvement at the expiration of the lease term.

(b) Improvements considered to be real property. Any building, structure, or other improvement, which would be considered real property if owned by the owner of the real property on which it is located, shall be considered to be real property for purposes of this subpart.

(c) Appraisal and establishment of just compensation for a tenant-owned improvement. Just compensation for a tenant-owned improvement is the amount which the improvement contributes to the fair market value of the whole property, or its salvage value, whichever is greater. (Salvage value is defined at § 24.2(a).)

(d) Special conditions for tenant-owned improvements. No payment shall be made to a tenant-owner for any real property improvement unless:

(1) The tenant-owner, in consideration for the payment, assigns, transfers, and releases to the agency all of the tenant-owner's right, title, and interest in the improvement;

(2) The owner of the real property on which the improvement is located disclaims all interest in the improvement; and

(3) The payment does not result in the duplication of any compensation otherwise authorized by law.

(e) Alternative compensation. Nothing in this subpart shall be construed to deprive the tenant-owner of any right to reject payment under this subpart and to obtain payment for such property interests in accordance with other applicable law.

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▸ Contents — 49 C.F.R. Part 24 — Uniform Relocation Assistance and Real Property Acquisition (government-wide URA rule)
49 C.F.R. Part 24 — Uniform Relocation Assistance and Real Property Acquisition (government-wide URA rule)
  1. 49 C.F.R. Part 24 — Uniform Relocation Assistance and Real Pro…
  2. ▸ PART 24—UNIFORM RELOCATION ASSISTANCE AND REAL PROPERTY ACQUIS…
    Overview
    1. Subpart A—General
    2. ▸ Subpart B—Real Property Acquisition
      Overview
      1. § 24.101 Applicability of acquisition requirements.
      2. § 24.102 Basic acquisition policies.
      3. § 24.103 Criteria for appraisals.
      4. § 24.104 Review of appraisals.
      5. § 24.105 Acquisition of tenant-owned improvements.
      6. § 24.106 Expenses incidental to transfer of title to the agency.
      7. § 24.107 Certain litigation expenses.
      8. § 24.108 Donations.
    3. Subpart C—General Relocation Requirements
    4. Subpart D—Payments for Moving and Related Expenses
    5. Subpart E—Replacement Housing Payments
    6. Subpart F—Mobile Homes
    7. Subpart G—Certification

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