41 CFR 302-11.202 - What residence transaction expenses will my agency not pay?

Code of Federal Regulations - Title 41: Public Contracts and Property Management (December 2005)


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TITLE 41 - PUBLIC CONTRACTS AND PROPERTY MANAGEMENT

SUBTITLE F - FEDERAL TRAVEL REGULATION SYSTEM

CHAPTER 302 - RELOCATION ALLOWANCES

SUBCHAPTER E - RESIDENCE TRANSACTION ALLOWANCES

PART 302 - 11 - ALLOWANCES FOR EXPENSES INCURRED IN CONNECTION WITH RESIDENCE TRANSACTIONS

subpart c - REIMBURSABLE EXPENSES

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. 90321, as amended, and Regulation Z issued by the Board of Governors of the Federal Reserve System (12 CFR part 226), unless specifically authorized in 30211.200; (h) Expenses that result from construction of a residence, except as provided in 30211.200(e)(10); and (i) Losses, see 30211.304.

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