The U.S. Government has publications available that provide information on how to purchase property from various governmental agencies. The circumstances of the sale dictate which governmental agencies are responsible for the property s transition to the public sector.
Real property is real estate that the government no longer needs.
Personal property includes everything except real estate. Once the property no longer adequately serves a need, it is offered for sale through the appropriate agency. The following publications provide additional information. This brief was updated in June 2001. The content of this brief is based on information known to EREC at the time of prepartion.