Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 41 - Public Contracts and Property Management |
Subtitle F - Federal Travel Regulation System |
Chapter 302 - Relocation Allowances |
SubChapter E - Residence Transaction Allowances |
Part 302-11 - Allowances for Expenses Incurred in Connection With Residence Transactions |
Subpart B - Title Requirements |
§ 302-11.106 - What is an accommodation party?
Latest version.
-
§ 302-11.106 What is an accommodation party?
An accommodation party is an individual who signs an employee's financing agreement (e.g., a mortgage) to lend his/her that individual's name (i.e., credit) to the arrangement.
[FTR Amdt. 98, 66 FR 58196, Nov. 20, 2001, as amended by FTR Case 2022-05, 89 FR 12255, Feb. 16, 2024]