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Code · CFR · Title 2 — Federal Financial Assistance · Part 1130 — Property Administration: General Award Terms and Conditions · § 1130.310

§ 1130.310. Disposition of real property.

113 words·~1 min read·/us/cfr/t2/s§ 1130.310·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)OMB guidance. OMB guidance in 2 CFR 200.311(c):
(1)Addresses the recipient's responsibility to request disposition instructions for real property when the recipient no longer needs it for the originally authorized purpose; and
(2)Identifies three alternative disposition methods those instructions may specify.
(b)DoD implementation. DoD implements the guidance in 2 CFR 200.311(c) through award terms and conditions that govern disposition of real property acquired or improved under awards.
(c)Award terms and conditions. A DoD Component's general terms and conditions must include the wording appendix C to this part provides for Section B of PROP Article III to specify requirements concerning disposition of real property acquired or improved under awards.
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§ 1130.310
Disposition of real property.
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