[Code of Federal Regulations]

[Title 41, Volume 4]

[Revised as of July 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 41CFR302-11.202]



[Page 190]

 

           TITLE 41--PUBLIC CONTRACTS AND PROPERTY MANAGEMENT

 

                   CHAPTER 302--RELOCATION ALLOWANCES

 

PART 302-11_ALLOWANCES FOR EXPENSES INCURRED IN CONNECTION WITH RESIDENCE 

TRANSACTIONS--Table of Contents

 

                     Subpart C_Reimbursable Expenses

 

Sec.  302-11.202  What residence transaction expenses will my agency 

not pay?



    Your agency will not pay:

    (a) Any fees that have been inflated or are higher than normally 

imposed for similar services in the locality;

    (b) Broker fees or commissions paid in connection with the purchase 

of a home at the new official station;

    (c) Owner's title insurance policy, ``record title'' insurance 

policy, mortgage insurance or insurance against loss or damage of 

property and optional insurance paid for by you in connection with the 

purchase of a residence for your protection;

    (d) Interest on loans, points, and mortgage discounts;

    (e) Property taxes;

    (f) Operating or maintenance costs;

    (g) Any fee, cost, charge, or expense determined to be part of the 

finance charge under the Truth in Lending Act, Title I, Pub. L. 90-321, 

as amended, and Regulation Z issued by the Board of Governors of the 

Federal Reserve System (12 CFR part 226), unless specifically authorized 

in Sec.  302-11.200;

    (h) Expenses that result from construction of a residence, except as 

provided in Sec.  302-11.200(e)(10); and

    (i) Losses, see Sec.  302-11.304.