Portable Buildings

• There has been some confusion and miscommunication over how to classify portable buildings – sometimes they are classified as real property and sometimes they are classified as personal property
  
  
• Generally real property is defined as being "any interest in land, together with the improvements, structures, and fixtures, including prefabricated movable structures such as Butler-type storage warehouses and quonset huts, and house trailers with or without undercarriages, and appurtenances thereto, under the control of any Federal agency"
  
  
• When designated by the agency for disposition separate from the land which underlies them portable buildings convert from real to personal property
  
  
• Portable buildings may still require condition assessments to inform their value whether they are considered to be real or personal property
  
  
• Portable buildings which are real property must be input into I-web and may be assessed maintenance fees
  
  
• Once they become identified for disposition and become personal property they will no longer be assessed maintenance fees