In the case of routine disposal and strategic disposal, departments must obtain an valuation prior to the sale or transfer of real estate. The Secretariat is responsible for providing appropriate policies, guidelines, instruments and guidelines to support government policy direction and government-wide education on real estate and other administrative issues. The Secretariat oversees the implementation of the Ministry of Finance`s policy in and beyond. It also plays a leadership role within the Community by exchanging information and promoting best practices. Departments are responsible for the development and dissemination of well-documented guidelines on their accommodation needs, including requests for goods and services related to their accommodation. These tasks are often entrusted to department units for establishments (or real estate) and equipment. Managers are responsible for eliminating negative environmental impacts resulting from property management. Remediation should be carried out in accordance with current or planned federal use requirements, unless it can be shown that more rigorous remediation is economically beneficial to the federal government. In some cases, the only property that can meet the requirement may be contaminated property. However, in most cases, there are opportunities and an important environmental objective for real estate is to avoid the acquisition of a contaminated site. If there is no other way than to acquire a known contaminated site, the objective must be to limit government liability as much as possible, as outlined in the Best Practices Advisory: Environmental Considerations in Real Property Transactions of the Treasury Board of Canada Secretariat: Environmental Considerations in Real Property Transactions. At any time during the life of a property, it may be useful to lease all or part of land, buildings or infrastructure components. The requirements of short- and long-term programs may have been sufficiently modified to make the deposit model more affordable.
The reduction in the department`s requirements may be that, while the assets in question are still needed, there are more and more underutilized surfaces that can be dedicated to other uses. The size and complexity of a department`s real estate information system depends on the breadth and diversity of real estate used. If an exceptional assumption or critical assumption is the basis for an estimate of the value in support of a transaction, the transaction should not be concluded unless the limit condition or acceptance has been met or completed. The cost of borrowing is generally higher for the private sector than for the federal government. The cost of real estate to the private sector would therefore be higher in this regard. In their decision-making processes, departments should indicate the extent to which the purchase price, construction cost or rent rate reflect these additional (capital) costs. In order to ensure informed decision-making, the information system should enable the integration of real estate information, including performance information, with the necessary information for financial accounting and all necessary reporting. For example, divisions should not be based on transactions in which the crown (as a party to the merger) is evidence of market behaviour, unless it is possible, in exceptional cases, to obtain a sufficient number of comparable leases. Under these conditions, one of the comparables may concern the crown.
Professional assessments of your property, both inside and outside, are beneficial in ensuring that tenants comply with the terms of their rental agreement and assess the conditions of the real estate.