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B-183812 1 (1976-05-04)

handle is hein.gao/gaobaddnu0001 and id is 1 raw text is: a THE COMPTROLLER GENERAL 41 OF THE UNITED STATES WASHINGTON, D.C. 20549 1A.JT DECISION FILE: B-183812 MAY 4 1976 /5 MATTER OF: Royce R. Newcomb - Transfer - Brokerage Fee- Sale of membership interest in a cooperative DIGEST: Employee transferred to new duty station. Brokerage fee and settlement fee incurred incident to sale of a membership interest in a cooperative are reimbursable, but only to the extent customarily charged in the locality. 5 U.S.C. 5724a(a)(4)(1970); para. 2-6.1 et. sea. of the Federal Travel Regulations, FPMR101-7, May 1973). E.is action is in response to a request dated April 30, 1975, from Orris C. Huet, an authorized certifying officer, United States Department of Agriculture, at the National Finance Center in New Orleans, Louisiana, asking for a deci- sion as to the reimbursability of a reclaim voucher in the amount of $220 submitted by 1r. Royce R. Newcomb, an employee of the Department, for real estate expenses incurred by him in connection with the sale of a membership in a cooperative apartment at his old duty station incident to his transfer. At the time of Mr. Newcomb's authorization to transfer from Washington, D.C. to New Orleans, Louisiana, on August 29, 1974, he owned a membership in a cooperative housing project in Washington. His membership entitled him to occupy one of the units in the project for residential purposes. Mr. Newcomb resided in this unit and upon his transfer sold the membership. He incurred a brokerage fee of $275 and claims $220 or 10 percent of his cooperative equity as the maximum amount allowable for brokerage fee reimbursement under Federal Travel Regulations (FTR) para. 2-6.2g, (FPMR 101-7, May 1973). Reimbursement for the expenses incurred by a transferred employee in connection with the sale of his residence at his old official station under 5 U.S.C. 5724a(a)(4)(1970), is governed by the provisions of para. 2-6.1 et. seq. of the FTR. DATE:

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