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B-185095 1 (1976-08-13)

handle is hein.gao/gaobaddho0001 and id is 1 raw text is: DECISION FIL E:I DATE: AUG 1 3 1976 B-185095 MATTER OF: Marion B. Gamble - Real estate expenses incurred incident to lease with option to purchase DIGEST: Employee reclaims expenses incurred incident 'to lease -with option to purchase entered into on residence at new duty station. For purpose of 5 U. S. C. 5 5724a(a)(4) (1970) and imple- menting regulations found at Part 6, Chapter 2, Federal Travel Regulations, term purchase has been held to require, at the least, transfer of equitable title in property. Option to purchase does not, in itself, give lessee any title to property. Accordingly, expenses incurred solely due to execution of lease with option to purchase are not for reimbursement under applicable law and regulations cited above. This action is in response to the request dated October 6, 1975, from Glen E. Pommerening, Assistant Attorney General for Administration, U. S. Department of Justice. Mr. Pommerening requests an advance decision as to whether reimbursement may be made for expenses incurred by Mr. Marion B. Gamble, an em- ployee of the Bureau of Prisons, incident to his entering into a lease with option to purchase on a residence at his new duty station. Mr. Gamble was transferred from Englewood, Colorado, to San Francisco, California. effective July 21, 1974. Incident to that transfer, he attempted to purchase a residence in Foster City, California, for $55, 000. Apparently, there was difficulty in con- summating the purchase and Mr. Gamble entered into a lease with option to purchase arrangement on August 29, 1974. He was assessed the following changes Incident to the lease with option to purchase: Escrow Fee $109. 0 Title Insurance Policy Premium 271.0( Notary Fees 4. 0 Recording Fees 10 .0 $394.0 On June 12, 1975, he exercised his option to purchase and was assessed the following charges incident to the purchase: 0 0 0 THE COMPTRO-LER GENERAL OF THE UNITEO STATES WASHINGTON, D.C. 20548 L j36

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