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 D - Request for Reimbursement |
§ 302-11.304 - Will my agency reimburse me for losses due to market conditions or prices at the old and new official station?
Latest version.
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§ 302-11.304 Will my agency reimburse me for losses due to market conditions or prices at the old and new official station?
No, losses incurred due to market conditions or prices at your old and new duty station are not reimbursable when incurred by you due to:
(a) Failure to sell a residence at the old official station at the price asked, or at its current appraised value, or at its original cost; or
(b) Failure to buy a dwelling at the new official station at a price comparable to the selling price of the residence at the old official station; or
(c) Any losses that are similar in nature to (a) or (b).