Contact Officer: Associate Vice-Principal (Facilities)
The purpose of this procedure is to describe the process for the acquisition and disposition of real estate property as well as the leasing of residential property.
Purchases and Dispositions of Real Estate
No real estate purchases or dispositions should be contemplated without discussion with Campus Planning & Development (CPD).
|Campus Planning & Development||
|Physical Plant Services||
Leasing of Residential Property as a Lessee or Lessor
The Dean or AVP of the area (or designate) can sign residential leases for periods of up to 5 years and up to $500,000.
Please see Space Planning policy and procedures for information related to commercial real estate.
Date Approved: May 8, 2015
Approval Authority: Vice-Principals' Operational Committee
Date of Commencement: May 2015
Date for Next Review:
Related Policies, Procedures and Guidelines:
- Policy on Approval and Execution of Contracts and Invoices
- Procurement Policy
- Space Planning Policy and Procedures (TBD)