Rent and Benchmark Information

Commission lease terms may run from several months to 49 years. Rent is generally based on a percent of the land value or an established benchmark appraisal. Below are the benchmarks we use to establish uniform rental rates:

• Category 1 benchmarks are applied to private docks, piers, and buoys.
• Category 2 benchmarks are applied to cantilevered decks, sundecks, or other non-water-dependent encroachments.

Note: Benchmarks are generally updated every five years.

Category 1 Benchmarks

* per buoy

Category 2** Benchmarks

** The Category 2 Benchmark may be discounted to reflect that the sovereign land being leased may not have the same utility as the upland property.