Lessor resources

Real estate taxes

Submit all relevant tax adjustment documentation, such as tax bills, copies of paid tax receipts and invoices, via the Leasing Portal.

Changes of ownership (novation)

FAR 42.1204 provides a framework for the government to recognize a change of ownership such as when a lessor buys or sells a property where a government tenant resides.

Preparation

Start the process early. It is a best practice for lessors to inform GSA within five days of transfer of title to ensure efficient processing of the required contractual documents.

Payment

While the change of ownership is being processed, the seller must maintain its System for Award Management (SAM) registration in “active” status. Given that the current contract terms do not change until the change of ownership is processed GSA will continue to pay the official lessor of record (the seller) until the lease is amended to recognize the new owner as the lessor.

Process

To request a change of ownership fill out this novation request form.

Changes and compliance

• Water testing modification effort
• Cyber-supply chain risk management

Send your questions and comments to leasing@gsa.gov.