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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 - 15 - ALLOWANCE FOR PROPERTY MANAGEMENT SERVICES
subpart a - GENERAL RULES FOR THE EMPLOYEE
302 - 15.1 - What are property management services?
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.
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