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Real Estate Information

Overview

FTA is committed to ensuring that FTA grant recipients comply with all laws, regulations, and agency guidance related to the acquisition of real property for use on federally-supported transit projects. FTA recipients must ensure all private property owners are treated fairly, consistently, and equitably throughout the real property acquisition process. Below are references and resources related to real property acquisition for property owners and occupants, transit agency staff, and other real property acquisition professionals. 

Legislation and Regulation

Checklists

These checklists provide FTA recipients and project sponsors with tools for preparing and organizing real property acquisition files. These checklists may be used or modified as needed to ensure project sponsors have adequately documented their acquisition files to demonstrate compliance with Uniform Act (49 CFR part 24) requirements. These are voluntary tools for FTA recipient use, and is not required to be included in project acquisition files.

Forms

These forms have been developed for use by FTA and its contractors. FTA will use these standard file evaluation forms when performing audits, process reviews, or spot checks of a project sponsor's acquisition files. These forms will help project sponsors to ensure acquisition files contain adequate documentation to demonstrate compliance with Uniform Act (49 CFR part 24) requirements.

FRA/FTA MULTIMODAL-FUNDED PROJECTS

Applicable to all joint rail and transit projects funded in part by both the Federal Railroad Administration (FRA) and the Federal Transit Administration (FTA) federal assistance programs (Multimodal-Funded Projects).  The Standard Operating Procedure (SOP) incorporates provisions of the Infrastructure Investment and Jobs Act of 2021 and relies on the most current regulations and guidance regarding federal railroad and federal public transportation program oversight as of the date of publication.  Users of this SOP are encouraged to also review the accompanying FAQ’s. 

Training

Appraisal Scope of Work

The Guide for Preparing an Appraisal Scope of Work, as found in FTA's Circular 5010, is a written set of expectations that form an agreement or understanding between the appraiser and the recipient as to the specific requirements of the appraisal. This results in a report to be delivered to the recipient by the appraiser.