GSA Form 524: Authorization for Property Release

GSA Form 524, Authorization for Property Release, is a General Services Administration form dated 2-90 in its footer, listed in GSA's forms library. GSA's page names OAD P 7800.3A as its authority.

It is an internal GSA property form. Its instructions say to use GSA Form 524 only if there is no suspicion of fraud, theft, or mismanagement, the estimated fair market value of an individual item does not exceed $1000, and the estimated total fair market value for multiple items is not over $3000. They say to use GSA Form 526, Report of Property for Survey, in all instances which require board of survey action.

The form lists each item with its NSN/serial or I.D. number, quantity, year purchased, acquisition cost and estimated fair market value, then the reason for the release and three signatures. You can fill it out free in your browser on this page and download the result without an account.

Top of page 1 of GSA Form 524: Authorization for Property Release, as printed by GSA

What's on GSA Form 524

Item 1 and the instructions

The release number, and the instructions on when GSA Form 524 is used and when GSA Form 526 is used instead.

Items 2 to 4: unit and locations

Accountable organizational unit (include correspondence symbol), location of organization unit (Bldg., Room No., Etc.) and location of property (Bldg., Room No.).

Items 5 to 11: property list

Item number, NSN/serial or I.D. number, description of item, quantity, year purchased, acquisition cost and estimated fair market value.

Item 12: reason for release

A written reason for the property release.

Items 13 to 15: authorization

Signature, title and date for the property custodian, the accountable officer and regional or central office property management.

A one-page form.

How to complete GSA Form 524

1
Check the form fits
The instructions limit GSA Form 524 to cases with no suspicion of fraud, theft, or mismanagement, an individual item value up to $1000 and a total for multiple items not over $3000. Board of survey cases go on GSA Form 526.
2
Enter the release number and unit
Fill in item 1, the accountable organizational unit with its correspondence symbol, and the locations in items 3 and 4.
3
List each item
For each item, enter the NSN/serial or I.D. number, description, quantity, year purchased, acquisition cost and estimated fair market value.
4
State the reason
Explain the reason for the property release in item 12.
5
Collect the three signatures
The property custodian, the accountable officer and regional or central office property management each sign, give a title and date items 13 to 15.

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Limits and what the form says

When the form applies

Per the instructions, only if there is no suspicion of fraud, theft, or mismanagement, an individual item's estimated fair market value does not exceed $1000, and the estimated total for multiple items is not over $3000.

When GSA Form 526 is used

The instructions say to use GSA Form 526, Report of Property for Survey, in all instances which require board of survey action.

What the signers state

The authorization reads: We the undersigned, approve the property release and do not suspect that fraud, theft, or mismanagement contributed to this loss.

Where it goes

The PDF prints no filing address or routing beyond its signature blocks. GSA's page lists OAD P 7800.3A as the authority.

Who fills out GSA Form 524?

Accountable organizational unit
The unit enters its name with its correspondence symbol, its location (Bldg., Room No., Etc.) and the location of the property, and lists the items being released.
Property custodian
Signs, gives a title and dates item 13.
Accountable officer
Signs, gives a title and dates item 14.
Regional or central office property management
Signs, gives a title and dates item 15. Under the authorization statement, the signers approve the release and state they do not suspect that fraud, theft, or mismanagement contributed to this loss.

The form is completed and signed inside GSA by the roles in its blocks.

Official sources and the blank

Official GSA form page
The agency’s own page for Form GSA524.
Blank PDF
The official blank form, to print or fill by hand.

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Questions about Form GSA524

Who issues GSA Form 524?

The form is printed as a General Services Administration form, GSA FORM 524 (2-90). GSA's page names OAD P 7800.3A as its authority, and GSA hosts it in its forms library.

When is GSA Form 524 used?

The instructions say to use it only if there is no suspicion of fraud, theft, or mismanagement, an individual item's estimated fair market value does not exceed $1000, and the estimated total for multiple items is not over $3000.

What if a case needs board of survey action?

The instructions say to use GSA Form 526, Report of Property for Survey, in all instances which require board of survey action.

Who signs GSA Form 524?

The property custodian, the accountable officer and regional or central office property management, each with a title and date.

What does each property line ask for?

Item number, NSN/serial or I.D. number, description of item, quantity, year purchased, acquisition cost and estimated fair market value.

GSA Form 524: Authorization for Property Release