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Code of Federal Regulations (Last Updated: November 8, 2024) |
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Title 41 - Public Contracts and Property Management |
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Subtitle F - Federal Travel Regulation System |
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Chapter 302 - Relocation Allowances |
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SubChapter E - Residence Transaction Allowances |
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Part 302-14 - Home Marketing Incentive Payments |
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Subpart A - Payment of Incentive to the Employee |
§ 302-14.1 - What is a “homesale program'?
Latest version.
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§ 302-14.1 What is a “homesale program'?
A “homesale program” is a program offered by an agency through a contractual arrangement with a relocation services company. The relocation services company purchases a transferred employee's residence at fair market (appraised) value and then independently markets and sells the residence.