real property asset

The US Federal government uses this term to refer to owned, leased, or otherwise-managed buildings, structures, or land. US Executive Order 13327 requires Federal agencies to report data for the real property assets that they manage. The US Federal Property Registry application enables you to store data for your real property assets as required by this Executive Order.

In Archibus, real property assets are identified by the Real Property Unique Identifier, and are stored in the Government Real Property Inventory table.

For more information, see the United States GSA Office of Governmentwide Policy's "2008 Guidance for Real Property Inventory Reporting."