It also creates minicomputer applications and forms. Finally, it conducts training on office procedures. The Property Management unit is responsible for the management, sale and tracking of state-owned properties. The unit also coordinates the marketing of properties after a sealed bid with Real Estate Brokers currently under contract. Finally, it oversees contractors for repair and maintenance of state-owned properties.
Property overseen by the unit is overwhelmingly the result of foreclosures of agency loans.
The management of property under agency control is documented by the Property Management Files. The Standards and Publications unit creates policy and procedure manuals and distributes them to the agency. The unit oversees forms development for the agency and creates documentation standards for lending institutions. The unit reports to the IRS on home mortgage interest with Form 1098 substitutes. It has a role in evaluating the development of forms by the agency.