What is meant by "Federal Real Property Management Regulation"?

The term "Federal Real Property Management Regulation" refers to a set of regulations that governs the management and utilization of federal real estate assets. This encompasses a broad range of responsibilities, including the acquisition, management, and disposal of federal properties, ensuring that these assets are utilized efficiently and effectively for governmental functions.

These regulations are essential for maintaining accountability and optimizing the use of public resources, providing a framework that aligns with the overall goals of federal property management. Efficient real property management helps ensure that the needs of the government are met while also considering financial stewardship and environmental sustainability.

By focusing on the management and utilization aspect, this definition captures the comprehensive nature of how federal real property is handled, including requirements for reporting, performance evaluations, and compliance with federal laws and policies.