Dimsum said:
This came up at work today and it was an interesting question.
Situation: Mbr is posted from A to B. Mbr elects not to sell house at A and rents it out, while renting at B. Mbr then gets posted to C.
If mbr decides to sell the house in A to buy in C, would the costs be covered by BGRS as it's not considered a primary residence (they were renting in B)?
In short, no, property A would not be eligible. See below...
The IRP policy states:
8.2.02 Occupancy requirements - CF members or their dependants must occupy the principal residence immediately prior to the sale, in order to be entitled to reimbursement of expenses related to the sale.
Principal Residence - Principal
residence
A dwelling in Canada, other than a summer cottage or other seasonal
accommodation, together with that portion of land (1.25 acres or less) that:
• Is situated at the location to which the CF member's Household Goods
and Effects were last moved at public expense or at a location from which
the CF member is authorized to move Household Goods and Effects
where the CF member's Household Goods and Effects have never been
moved at public expense;
• Is owned by the CF member or the CF member's dependants or jointly by
the CF member and the CF member's dependants; and
• Was occupied by the CF member, the CF member's dependants or both,
immediately prior to official notification of the posting (as defined by
Canada Revenue Agency).