Under a homesale program, may we direct the relocation services company to pay an employee more than the fair market value of his/her residence?

  1. Law
  2. CFR 41
  3. Public Contracts and Property Management
  4. Federal Travel Regulation System
  5. Relocation Allowances
  6. Residence Transaction Allowances
  7. Use of a Relocation Services Company
  8. Agency's Use of a Relocation Services Company
  9. Under a homesale program, may we direct the relocation services company to pay an employee more than the fair market value of his/her residence?

Checkout our iOS App for a better way to browser and research.

§ 302-12.120 Under a homesale program, may we direct the relocation services company to pay an employee more than the fair market value of his/her residence?

No, under a homesale program, you may not direct the relocation services company to pay an employee more than the fair market value (as determined by the residence appraisal process) of his/her home.

[FTR Amdt. 2011-01, 76 FR 18344, Apr. 1, 2011]


Download our app to see the most-to-date content.