[Questions Concerning Employee's Entitlement to Reimbursement for Loan Discount or Mortgage Placement Fee]
B-216121
Published: Feb 19, 1985. Publicly Released: Feb 19, 1985.
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Highlights
A decision was requested regarding a Defense Logistics Agency employee's claim for certain real estate expenses incident to his transfer. The employee claimed reimbursement of a loan discount or mortgage placement fee, commonly known as seller's points, in connection with the sale of his residence. GAO held that under the applicable regulations seller's points are not reimbursable expenses. Accordingly, the claim was denied.
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Employee transfersReal estate expense claimsRelocation allowancesDefense logisticsFederal regulationsReal propertyIntellectual property rights