§ 302-11.201 — -11.201 Residence Transaction Expenses An Agency Will Not Pay

Agencies will not pay:

(a) Any fees that have been inflated or are higher than normally imposed for similar services in the locality;

(b) Owner's title insurance policy, “record title” insurance policy, mortgage insurance or insurance against loss or damage of property and optional insurance paid for in connection with the purchase of a residence for the employee's protection;

(c) Interest on loans, points, and mortgage discounts;

(d) Property taxes;

(e) Operating or maintenance costs;

(f) Any fee, cost, charge, or expense determined to be part of the finance charge under the Truth in Lending Act, 15 U.S.C. 1601 et seq., and Regulation Z issued by the Board of Governors of the Federal Reserve System (12 CFR part 226), unless specifically authorized in § 302-11.200;

(g) Expenses paid by someone other than the employee or a member of their immediate family;

(h) Expenses that result from construction of a residence, except as provided in § 302-11.200(f)(10); and

(i) Losses incurred on the sale of the residence.