41 C.F.R. § 102-75.1275

Current through September 30, 2024

Section 102-75.1275 - Does a requesting agency have to pay for excess real property?

Yes. GSA is required by law to obtain full fair market value (as determined by the Administrator) for all real property (see § 102-75.190), except when a transfer without reimbursement has been authorized (see § 102-75.205). GSA, upon receipt of a valid expression of interest, will promptly provide each interested landholding agency with an estimate of fair market value for the property. GSA may transfer property without reimbursement, if directed to do so by law or special legislation and for the following purposes:

(a) Migratory Bird Management under Pub. L. 80-537 , as amended by Pub. L. 92-432 .

(b) Wildlife Conservation under Pub. L. 80-537 .

(c) Federal Correctional facilities.

(d) Joint Surveillance System.

41 C.F.R. §102-75.1275