B-183419: Feb 2, 1976

AGAINST REIMBURSEMENT OF ANY LOSSES ON SALE OF RESIDENCE DUE TO MARKET CONDITIONS IS SUFFICIENTLY BROAD TO PRECLUDE REIMBURSEMENT HERE. 1976: THIS MATTER IS A REQUEST DATED MARCH 2. CONCERNING THE AUTHORITY FOR REIMBURSING A TRANSFERRED EMPLOYEE FOR THE COST OF AN "INTERIM FINANCING LOAN" THAT WAS USED AS A DOWN PAYMENT FOR THE PURCHASE OF A RESIDENCE AT THE EMPLOYEE'S NEW DUTY STATION. BEIRS WAS...

B-183419: Feb 2, 1976

An advance decision was requested concerning reimbursement of a transferred employee for the cost of an "interim financing loan" used as a down payment for the purchase of a residence at the employee's new duty station because his old residence had not yet been sold. The prohibition in 5 U.S.C. 5724a against reimbursement of losses on the sale of a residence due to market conditions applied in thi...