{"data":{"id":"us/41-cfr-102-42.40","jurisdiction":"us","citation":"41 CFR 102-42.40","heading":"-42.40 Appraisals.","body":"An appraisal is required in the following circumstances:\n(a) When an employee expresses interest in purchasing a gift or decoration. In this situation, the appraisal must be obtained prior to reporting the gift or decoration to GSA for screening (see § 102-42.20);\n(b) When GSA requires the employing agency to obtain an appraisal of a gift or decoration retained for official use but no longer needed, prior to accepting the agency's report of the item as excess personal property; or\nNote 1 to paragraphs (a) and (b):\nRefer to § 102-42.50 for guidance on how appraisals under these two situations are handled.\n(c) When required by the agency's internal policy, pursuant to 5 U.S.C. 7342(g).","path":["Title 41—Public Contracts and Property Management","Subtitle C—Federal Property Management Regulations System","CHAPTER 102—FEDERAL MANAGEMENT REGULATION","SUBCHAPTER B—PERSONAL PROPERTY","PART 102-42—UTILIZATION, DONATION, AND DISPOSAL OF FOREIGN GIFTS AND DECORATIONS","Subpart A—General Provisions"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-41.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:05Z","sha256":"f6aad6f45a5e7a9a5be8a41c798b06da5e6bcf2b0dd0af69f7aaaf2b0168267b","source_id":"us-cfr","stale":true,"prev":"us/41-cfr-102-42.35","next":"us/41-cfr-102-42.45"},"notice":"GroundRules: Original legal text. Not legal advice."}