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Real Property Dispositions: Flexibility Afforded Agencies to Meet Disposition Objectives Varies

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Report Type Reports and Testimonies
Report Date Sept. 18, 1992
Report No. GGD-92-144FS
Subject
Summary:

GAO reported in September 1991 (GAO/GGD-91-139FS) that the federal government employed a fragmented approach to managing and disposing of assets targeted for disposition. At that time, GAO indicated that federal agencies had assets--financial, real property, and personal property--valued in excess of $190 billion awaiting disposition. These assets included everything from property acquired from failed savings and loans to items seized from drug dealers. This fact sheet provides updated information on the various disposition objectives, legislative mandates, and policy requirements affecting real property dispositions within the federal government.

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