1. Modifications relating to method of disposition of surplus Federal property and subsequent responsibilities Section 543 of title 40, United States Code, is amended— (1) in the first sentence, by striking An executive and inserting the following: (a) In general The Administrator of General Services or an executive ; (2) in the second sentence— (A) by striking it considers ; and (B) by striking The agency and inserting the following: (b) Disposal actions (1) Documentation The Administrator of General Services or an executive agency ; and (3) in subsection (b) (as designated by paragraph (2)(B)), by adding at the end the following: (2) Observations of bidder For purposes of ensuring settlement of a loan used for the purchase by a member of the public of any Federal real property with a significant health or safety concern sold by the General Services Administration under this chapter, the Administrator of General Services shall— (A) during the course of the ordinary bidding process, identify, to the best of the ability of the Administrator of General Services, whether any obvious and significant indication is present that the purchaser is not capable of— (i) settling the loan obligation; or (ii) removing any health or safety conditions; and (B) if such an obvious and significant indication is identified— (i) document the indication; and (ii) disallow sale of the Federal property to the prospective purchaser. (3) Asbestos (A) Definition of asbestos-affected property In this paragraph, the term asbestos-affected property means any Federal property that— (i) is sold by the General Services Administration under this chapter after April 30, 2013; and (ii) contains— (I) friable asbestos