---
kind: "section"
citation: "41 C.F.R. § 102-42.40"
title: "41"
number: "102-42.40"
heading: "Appraisals."
url: "https://uscodex.org/cfr/41/102-42.40"
---

# §102-42.40. Appraisals.


An appraisal is required in the following circumstances:

- (a) **When an employee expresses interest in purchasing a gift or decoration.** In this situation, the appraisal must be obtained prior to reporting the gift or decoration to GSA for screening (see [§ 102-42.20](/cfr/41/102-42.20.md));
- (b) When GSA requires the employing agency to obtain an appraisal of a gift or decoration retained for official use but no longer needed, prior to accepting the agency's report of the item as excess personal property; or
- (c) When required by the agency's internal policy, pursuant to [5 U.S.C. 7342(g)](/usc/5/7342.md?p=g).

## Notes

### Authority

Authority: 40 U.S.C. 121(c); 5 U.S.C. 7342.

### Source

Source: 90 FR 58460, Dec. 16, 2025, unless otherwise noted.