About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

B-185863 1 (1976-08-25)

handle is hein.gao/gaobaddgw0001 and id is 1 raw text is: THE COMPTROLa.ER GENERAL DECISION OF THE UNITED STATES WASHINGTON, D.C. 20548 '1 ,, t%1T1 FILE: B-185863 DATE: AUG 251976 a3g MATTER OF: Reimbursement of real estate expenses - Mr. William I. Massengale DIGEST: Where seller customarily pays closing costs on sale of residence where VA guaranteed loan is involved, trans- ferred employee may be reimbursed for such expenses even though local custom may differ for FHA and conventional type financing. Requirement in FTR for customary payment of costs should be applied with reference to particular type of transaction involved. This action is in response to a request by an authorized certifying officer for our determination regarding the propriety of payment of the claim of Mr. William I. Massengale for reimbursement of real estate expenses incident to a transfer. The record shows that in August 1974, Mr. Massengale, an employee of the Bureau of Alcohol, Tobacco and Fire- arms, Department of the Treasury, was transferred from Americus, Georgia, to Columbus, Georgia. The sale of the employee's former residence was completed on May 13, 1975, to a buyer who used a Veterans Administration (VA) guaranteed loan to make the purchase. Mr. Massengalers claim for reimbursement included the following expenses in the sum of $592.75 which were denied by the agency on the basis that they represented costs not customarily borne by the seller under other, e.g., non-VA, types of loans: Legal and related costs Recording fees Lender's appraisal fee Credit report Transfer taxes Survey Title insurance $342.50 17.50 50.00 25,00 26.50 60.00 71.25 4.

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most