Personal property refers to physical (non-real estate or land) items ranging from common products, such as office equipment and furniture, motor vehicles, aircraft, vessels, and animals.
What is personal property in the federal government?
Personal Property - Includes all equipment, material, and supplies not classified as real property (Refer to 41 CFR Chapter 102-71). The term excludes records of the Federal Government and naval vessels of the following categories: battleships, cruisers, aircraft carriers, destroyers, and submarines.
What does gsa mean in real estate?
The General Services Administration (GSA) owns and leases over 363 million square feet of space in 8,397 buildings in more than 2,200 communities nationwide.
What is GSA property?
The General Services Administration (GSA) owns and leases over 363 million square feet of space in 8,397 buildings in more than 2,200 communities nationwide. In addition to office buildings, GSA properties include: Land ports of entry. Courthouses.
Who is authorized to sell federally owned personal property?
You may sell personal property as the holding agency or on behalf of another agency when so requested, or have the General Services Administration, a contractor, or another Federal agency conduct the sale for you, provided that only Federal officials authorized by your agency approve the sale and bind the United States
Instructions for Implementing Executive Order 13423
Mar 29, 2007 (3) Revision of personal property management policies. Each agency shall amend its personal property management policies and procedures to
41 CFR 102-39.85 - What information am I required to report?
You must submit, within 90 calendar days after the close of each fiscal year (FY), an exchange/sale report using the online Personal Property Reporting Tool
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