Statutes, codes, and regulations
Code of Federal Regulations
Title 41 - PUBLIC CONTRACTS AND PROPERTY MANAGEMENTSubtitle C - FEDERAL PROPERTY MANAGEMENT REGULATIONS SYSTEMChapter 102 - FEDERAL MANAGEMENT REGULATIONSubchapter C - REAL PROPERTYPart 102-75 - REAL PROPERTY DISPOSALSubpart B - UTILIZATION OF EXCESS REAL PROPERTY
TRANSFERS
Section 102-75.190 - What amount must the transferee agency pay for the transfer of excess real property?

41 C.F.R. § 102-75.190

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Current through September 30, 2024
Section 102-75.190 - What amount must the transferee agency pay for the transfer of excess real property?

The transferee agency must pay an amount equal to the property's fair market value (determined by the Administrator)-

(a) Where the transferor agency has requested the net proceeds of the transfer pursuant to 40 U.S.C. 574 ; or
(b) Where either the transferor or transferee agency (or organizational unit affected) is subject to the Government Corporation Control Act (31 U.S.C. 841 ), is a mixed-ownership Government corporation, or the municipal government of the District of Columbia.

41 C.F.R. §102-75.190