Nonexcess Property Law and Legal Definition
Nonexcess property refers to property required for an Army mission but proposed for sale. The proceeds of sale of nonexcess property would fund acquisition of replacement land or facilities.
The following is a federal statutory framework regarding nonexcess property:
Congress provided that the Secretary of a military department may lease nonexcess property which is under the control of that department when in the public interest or for purposes of national defense. [10 USCS § 2667].
