Atrial natriuretic peptide (ANP), 1 a member of the natriuretic peptide family that includes brain natriuretic peptide and C-type natriuretic peptide, plays a fundamental role in the regulation of blood pressure, plasma volume, and renal function (1, 2). Two distinct classes of ANP receptors, named clearance and guanylyl cyclase (GC) receptors, have been biochemically and functionally well characterized (1, 3). Clearance receptors of ANP, the most abundant class of the natriuretic peptide receptors, have a single transmembrane domain, a short cytoplasmic tail of 37 amino acids, and an extracellular binding domain that has a significant homology to the extracellular domain of GC receptors (1, 4 -6). An extensive series of physiological, pharmacological, cellular, and genetic studies have shown that clearance receptors are importantly involved in the systemic and local clearance of ANP (7-11). This clearance function is accomplished by an efficient mechanism of receptor-mediated endocytosis. Endocytosed ANP is delivered to lysosomes, where it is hydrolyzed to its constituent amino acids, and the internalized receptors are recycled to the cell membrane (10, 12). The efficiency of this receptor-mediated endocytic mechanism is enhanced by a relatively low rate of dissociation of ANP from cell-surface receptors (12).Guanylyl cyclase subtype A (GCA) receptors mediate all of the known cardiovascular and renal effects of ANP (2, 13). GCA receptors have a single transmembrane domain, an extracellular ligand-binding domain, and a cytoplasmic domain constituted by a catalytic GC sequence and a tyrosine kinase-like (TK) sequence interposed between the transmembrane and the catalytic domains (14). Between the TK and GC sequences there is an amphipathic ␣-helical region that is involved in higher order oligomerization of GCA receptors (15,16). Under basal conditions, the TK domain has an inhibitory effect on GC activity. It has been postulated that upon ANP (or brain natriuretic peptide) binding to the extracellular domain, ATP binds to the TK domain and allosterically activates the catalytic GC domain (14,17).Previous studies in our laboratory have demonstrated that the native GCA in cultured glomerular mesangial and renomedullary interstitial cells is a constitutive membrane resident protein that does not undergo endocytosis and does not mediate lysosomal hydrolysis of ligand (18). Moreover, the dissociation of ANP from native GCA is very slow at subphysiological temperatures and increases exponentially at near physiological temperatures (18). We postulated that the rapid dissociation of ANP from surface GCA