Full Text Summary Members of the General Assembly requested that we conduct a study of the state's system for managing real property.
Real property is defined as land and buildings.
South Carolina state government owns almost one million acres of land and 8,415 buildings. We reviewed policies and procedures for how state agencies acquire, use, manage, and dispose of real property. We also reviewed in detail the property holdings and land management of six state agencies. Asset management can increase the value of the state's resources. We found that the state of South Carolina has in place some of the generally accepted elements needed to manage real property.