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B-161459 1 (1977-11-23)

handle is hein.gao/gaobadfin0001 and id is 1 raw text is: DECISION .?' . 4%/ (4 Q1 THE COMPTROLLER UrNERAL OF THE UNITED ETATES WASHINGTON. D.C. 0548 DATE: Noveaber 23, 1WiT James A. Grant - Owner's title insurance policy Transferred employee who purchased residence at new official station seeks reimbursement of $359 for cost of owner's title and mortgage title insuraice, the mortgage title policy being required by the lender. Employee was charged $329 for the owner's title policy and $30 for the mort~gage title policy. Employee may be reimbursed $284 since mortgage title policy is allowable under Federal Travel Regulations (FPMR 101-7) para. 2-6.2d and such policy would have cost $284 if purchased separately. Claim for remaining $75, allocable to cost of owner's title ir.suranceis disallowed. This action is in response to a request from Elizabeth A. Allen, Internal Revenue Service (IRS) Certifying Officer for an advance decision whether James A. Grant, an IRS employee, can be reim- bursed $329 representing the cost of an uwner's title insurance policy procured by Mr. Grant in conjunction with his purchase of a residence in Austin, Texas, incident to his transfer there from Phoenix, Arizona. Mr. Grant reported for duty in Austin on June 20, 1975, and the settlement date of purchase was December 1, 1975. The record shows that Mr. Grant was required by the lender to purchase mertgage t:.tle insurance. There is no indication that an owner's title policy was similarly required for the com- pletion of Mr. Grant's purchase of hiz Austin residence. Mr. Grant purchased a mrtgage title policy and an owner's title policy from U.S. Life and Title Company of Austin in a single transaction costing him a total of $359. $329 of this amount was apportioned to the owner's title policy and $30 to the mortgage title policy, despite the fact that Mr. Grant owned only 20% of the equity in the hoise. In response to his claim for $359, IRS allowed Mr. Grant $30 for the mortgage title policy and dis- allowed the entire amount paid for the owner'.3 title policy. Mr. Grant requested IFS to reconsider its decision, and forwarded with his request a letter from U.S. Life and Title L FILE: D MATTER OF: -161459 I DIGEST: I 7=Li

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