About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

B-226328 1 (1987-08-20)

handle is hein.gao/gaobadmum0001 and id is 1 raw text is: 


The Comptroller General
of the United States

Washington, D.C. 20548
Decision




Matterof  Bernard C. Michaels - Real Estate Expenses

File:     B-226328

Date:    August 20, 1987


  DIGEST

  Incident to the sale of a residence at the time of transfer,
  an employee paid mortgage discount points to enable a buyer
  to obtain a mortgage loan. The employee may not be
  reimbursed for the points as such reimbursement is expressly
  prohibited by paragraph 2-6.2d(2) of the Federal Travel
  Regulations.


  DECISION

  An employee claims reimbursement of the amount he paid for
  mortgage loan discount points to enable a buyer to obtain a
  mortgage loan incident to the sale of his residence at the
  time of transfer.l/ We conclude that the employee may not
  be paid since the reimbursement is expressly prohibited by
  the Federal Travel Regulations.

  In June 1986, Mr. Bernard C. Michaels, an employee of the
  U.S. Department of Labor, was transferred from Washington,
  D.C., to Miami, Florida. Incident to the sale of his
  residence at his old duty station, he paid $2,108.43 in
  mortgage discount points to enable a buyer to obtain a
  mortgage loan. His claim for payment was disallowed by his
  agency since the points and other cost items defined as part
  of the finance charge are nonreimbursable under the Federal
  Travel Regulations and Department of Labor travel
  regulations.




  l/   Mr. Thomas C. Komarek, Assistant Secretary for
  Administration and Management, U.S. Department of Labor,
  has requested a decision on the claim of Mr. Michaels.







                        o3qr7 D

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:

Already a HeinOnline Subscriber?

profiles profiles most