CFR > Title 41 - Public Contracts and Property Management > SUBTITLE F—Federal Travel Regulation System > CHAPTER 302—RELOCATION ALLOWANCES (parts 302-1 to 302-17) > SUBCHAPTER E—RESIDENCE TRANSACTION ALLOWANCES (parts 302-11 to 302-15) > PART 302-11—ALLOWANCES FOR EXPENSES INCURRED IN CONNECTION WITH RESIDENCE TRANSACTIONS > SUBPART E—Agency Responsibilities (§302-11.400 to §302-11.451) > 302-11.421—What must we consider when authorizing an extension of time limitation?

302-11.421—What must we consider when authorizing an extension of time limitation?

When authorizing an extension of time limitation, you must determine that the:
(a) Employee has extenuating circumstances which have prevented him/her from completing his/her sale and purchase or lease termination transactions in the initial authorized time frame of two years; and
(b) Employee's residence transactions are reasonably related to his/her transfer of official station.

Code of Federal Regulations

Effective Date Note: By FTR Amdt. 2011-01, 76 FR 18343, Apr. 1, 2011, § 302-11.421 was amended in paragraph (a) by removing “two years” and adding “one year” in its place, effective Aug. 1, 2011.