[Code of Federal Regulations]
[Title 41, Volume 4]
[Revised as of July 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 41CFR302-14.1]

[Page 197]
 
           TITLE 41--PUBLIC CONTRACTS AND PROPERTY MANAGEMENT
 
                   CHAPTER 302--RELOCATION ALLOWANCES
 
PART 302-14--HOME MARKETING INCENTIVE PAYMENTS--Table of Contents
 
             Subpart A--Payment of Incentive to the Employee
 
Sec. 302-14.1  What is a ``homesale program'?

    Note to subpart A: Use of pronouns ``I'', ``you'', and their 
variants throughout this subpart refers to the employee.


    A ``homesale program'' is a program offered by an agency through a 
contractual arrangement with a relocation services company. The 
relocation services company purchases a transferred employee's residence 
at fair market (appraised) value and then independently markets and 
sells the residence.