All bidding and lease sales on SITLA properties listed on this website shall be subject to the statutes, administrative rules, and other laws of the State of Utah, including but not limited to the Utah Government Records Access and Management Act, UTAH CODE §63G-2-101, et. seq.

The Applicant offers minimum of $500.00 per lease unit, regardless of acreage, or $6 per acre and for each fractional part of an acre (fractional acre is rounded up to one full acre) whichever is greater, which includes the first years annual rental of $1.00 per acre and the first years advanced minimum royalty of $5.00 per acre (fractional acre is rounded up to one full acre). Click here to view lease form.

Failure of funds or failure to execute a lease within 30 days of receipt shall constitute a forfeiture of the bonus bid and termination of the lease agreement.

When the bids are accepted by SITLA, the successful bidder will be notified via email with closing instructions, including total amount due.

Payment must be made within two business days.

A 2% Buyer Premium, calculated as 2% of the total bid amount, will be added to the cost of this lease.