[Code of Federal Regulations] [Title 41, Volume 4] [Revised as of July 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 41CFR302-15.1] [Page 195-196] TITLE 41--PUBLIC CONTRACTS AND PROPERTY MANAGEMENT CHAPTER 302--RELOCATION ALLOWANCES PART 302-15_ALLOWANCE FOR PROPERTY MANAGEMENT SERVICES--Table of Contents Subpart A_General Rules for the Employee Sec. 302-15.1 What are property management services? Subpart A_General Rules for the Employee Sec. 302-15.1 What are property management services? 302-15.2 What are the purposes of the allowance for property management services? 302-15.3 Am I eligible for payment for property management services under this part? 302-15.4 Who is not eligible for payment for property management services? 302-15.5 Is my agency required to authorize payment for property management services? 302-15.6 Under what circumstances may my agency authorize payment under this part? 302-15.7 For what property may my agency authorize payment under this part? 302-15.8 When my agency authorizes payment for me under this part, am I obligated to use such services, or may I elect [[Page 196]] instead to sell my residence at Government expense? 302-15.9 Must I repay property management expenses my agency paid under this part if I elect to sell my former residence in the United States at Government expense when I am transferred from my current foreign post of duty to an official station in the United States other than the one I left? 302-15.10 How long may my agency pay under this part? 302-15.11 If my agency authorized, and I elected to receive, payment for property management expenses, may I later elect to sell my residence at Government expense? 302-15.12 If my agency is paying for property management services under this part and my service agreement expires, what must I do to ensure that payment for property management services continues? 302-15.13 What are the income tax consequences when my agency pays for my property management services? Subpart B_Agency Responsibilities 302-15.70 What governing policies must we establish for the allowance for property management services? Authority: 5 U.S.C. 5738; 20 U.S.C. 905(a); E.O. 11609, 36 FR 13747, 3 CFR, 1971-1975 Comp., p. 586. Source: FTR Amdt. 98, 66 FR 58196, Nov. 20, 2001, unless otherwise noted. Note to subpart A: Use of pronouns ``I'', ``you'', and their variants throughout this subpart refers to the employee. ``Property management services'' are programs provided by private companies for a fee, which help an employee to manage his/her residence at the old official station as a rental property. These services typically include, but are not limited to, obtaining a tenant, negotiating the lease, inspecting the property regularly, managing repairs and maintenance, enforcing lease terms, collecting the rent, paying the mortgage and other carrying expenses from rental proceeds and/or funds of the employee, and accounting for the transactions and providing periodic reports to the employee.