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 302-12 - Use of a Relocation Services Company |
Subpart B - Agency's Use of a Relocation Services Company |
§ 302-12.119 - Under a home sale program, may we pay an employee for losses the employee incurs on the sale of a residence?
Latest version.
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§ 302-12.119 Under a homesale home sale program, may we pay an employee for losses he/she the employee incurs on the sale of a residence?
No, under a home sale program, you may not pay an employee for losses he/she the employee incurs on the sale of a residence, but this does not preclude you reimbursing a relocation service's services company for losses incurred while the contractor holds the property.
[FTR Amdt. 98, 66 FR 58196, Nov. 20, 2001. Redesignated by FTR Amdt. 2011-01, 76 FR 18344, Apr. 1, 2011Case 2022-05, 89 FR 12256, Feb. 16, 2024]