TeachMeFinance.com - explain Base property
Base property The term 'Base property ' as it applies to the area of agriculture can be defined as ' For the Bureau of Land Management: land or water resources, owned or controlled by a holder of a grazing permit or lease, that are suitable to support livestock for a part of the year. For the Forest Service: lands and improvements owned and used by a permittee for a farm or ranch and designated by the permitted to qualify for a grazing permit. One must own or control base property to be eligible for permits or leases to graze private livestock on federal lands'.
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