CFR > Title 34 - Education > SUBTITLE A—Office of the Secretary, Department of Education > PART 12—DISPOSAL AND UTILIZATION OF SURPLUS FEDERAL REAL PROPERTY FOR EDUCATIONAL PURPOSES > SUBPART B—Distribution of Surplus Federal Real Property (§12.4 to §12.10) > 12.8—What transfer or lease instruments does the Secretary use?

12.8—What transfer or lease instruments does the Secretary use?

(a) The Secretary transfers or leases surplus Federal real property using transfer or lease instruments that the Secretary prescribes.
(b) The transfer or lease instrument contains the applicable terms and conditions described in this part and any other terms and conditions the Secretary or Administrator determines are appropriate or necessary.

Code of Federal Regulations

(Authority: 40 U.S.C. 484(c) )