Cal. Code Regs. tit. 2 § 599.716

Current through Register 2024 Notice Reg. No. 24, June 14, 2024
Section 599.716 - Reimbursement for Sale of a Residence
(a) Whenever a state officer or employee is required, as defined in section 599.714 of these regulations to change his/her officially designated headquarters which requires the sale of his/her residence the officer or employee shall be reimbursed only for actual and necessary selling costs as determined by prevailing practices within the area of sale. Claims for reimbursement must be substantiated by the seller's closing escrow statement and other pertinent supportive documents. Seller's points are not eligible for reimbursement and claims will include only those items that are listed in the following subsection.
(b) Actual and necessary selling costs are:
(1) Brokerage commission; and
(2) Title insurance; and
(3) Escrow fees; and
(4) Prepayment penalties; and
(5) Taxes, charges or fees fixed by local authority required to consummate the sale of the residence; and
(6) Miscellaneous sellers costs customary to the area, not to exceed $200.
(c) Actual and necessary selling costs will be reimbursed for that portion of the dwelling the employee actually occupies if the employee or officer owns and resides in a multi-family dwelling.
(d) Except as provided in subsection (e), claims for the sale of a residence must be submitted within one year following the date the officer or employee reports to the new official headquarters. An extension of not more than six months may be granted by the Department upon receipt of evidence warranting such extension prior to the expiration of the one-year period.
(e) For non-represented employees as defined in section 599.619 of these regulations, claims for the sale of a residence must be submitted within two years following the date the officer or employee reports to the new official headquarters. No extensions will be allowed thereafter.

Cal. Code Regs. Tit. 2, § 599.716

1. Amendment of subsection (d) and new subsection (e) filed by the Department of Personnel Administration with the Secretary of State on 8-20-84; effective upon filing. Submitted to OAL for printing only pursuant to Government Code Section 11343.8 (Register 85, No. 18).
2. Editorial correction of subsection (a) (Register 95, No. 40).
3. Change without regulatory effect amending section and NOTE filed 10-13-2014 pursuant to section 100, title 1, California Code of Regulations (Register 2014, No. 42).

Note: Authority cited: Sections 3517.8, 18502, 19815.4(d) and 19820, Government Code. Reference: Section 19841, Government Code.

1. Amendment of subsection (d) and new subsection (e) filed by the Department of Personnel Administration with the Secretary of State on 8-20-84; effective upon filing. Submitted to OAL for printing only pursuant to Government Code Section 11343.8 (Register 85, No. 18).
2. Editorial correction of subsection (a) (Register 95, No. 40).
3. Change without regulatory effect amending section and Note filed 10-13-2014 pursuant to section 100, title 1, California Code of Regulations (Register 2014, No. 42).