 Title to real property acquired by recipients with federal awards vests with the recipient . It must be used for the originally authorized purpose as long as needed for that purpose . Real property may be used in other federally sponsored projects or programs that have purposes similar to the <unk> property was bought for , as long as the federal government authorizes it . However it may not dispose of or <unk> the title to real property without prior federal government consent . When it is no longer needed for the federally supported programs or projects , the recipient must request disposition instructions from the federal government . Just like equipment , if the property is sold , a proportionate share is provided to the federal government amount of the current fair market value , based on the percent of federal funds to own recipients fund used to acquire the item . 
