Directive on the Management of Real Property
The directive ensures that real property is planned, acquired, used, and disposed of in a manner that supports the delivery of programs and services to Canadians, while ensuring best value to the Crown.
Date modified: 2022-11-18
Supporting tools
Guide:
Mandatory procedures:
More information
Policy:
Topic:
Hierarchy
Effective January 29, 2024, the Directive on the Management of Real Property includes the following:
- An additional requirement to consult with official language minority communities, in accordance with the Official Languages Act, before disposing of real property, specifically, new subsection 4.2.28.7; and
- Removal of the requirement for TBS endorsement of properties that qualify for sale to the Canada Lands Company (CLC) and clarification of the role and authority of CLC, specifically, updates to subsections 4.2.32, 4.2.33, 4.2.34, 4.2.35, 4.2.36, 4.2.37, 4.2.38 and 4.2.39.
Effective March 18, 2024, the Directive on the Management of Real Property includes amendments to Appendix A: Mandatory Procedures for Heritage Assessment and Conservation. These amendments add precision and clarification of Parks Canada’s role regarding evaluations of heritage value, with updates to subsections A.2.2.1, A.2.2.2 and A.2.2.3.
Appendix B: Mandatory Procedures for Appraisals and Estimates
B.1 Effective date
- B.1.1These procedures take effect on May 13, 2021.
- B.1.2These procedures replace sections of the following Treasury Board policy instruments:
- Policy on Management of Real Property (November 1, 2006)
- Appraisals and Estimates Standard for Real Property (November 1, 2006)
B.2 Procedures
- B.2.1These procedures provide details on the requirements set out in subsections 4.2.21, 4.2.27, 4.2.39, 4.2.42 and 4.2.43 of the Directive on the Management of Real Property.
- B.2.2Real property practitioners must apply the mandatory procedures described below.
- B.2.2.1Obtain at least one appraisal from the Chief Appraiser of Canada before acquiring or disposing of real property, except:
- B.2.2.1.1When there will be an open solicitation of offers and the total value of the real property interest is anticipated to be less than $500,000; in this situation, obtain at least one current estimate of the market value;
- B.2.2.1.2When there is no open solicitation of offers and the value of the lease or licence is anticipated to be less than $25,000 total consideration; in this situation, obtain at least one current estimate of the market value;
- B.2.2.1.3When there is a transfer of administration between federal departments with no exchange of funds; in this situation, no appraisal or estimate of the market value is required;
- B.2.2.2Segregate transaction and valuation responsibilities related to real property transactions.
- B.2.2.1Obtain at least one appraisal from the Chief Appraiser of Canada before acquiring or disposing of real property, except: