Land Transactions Involving Charities - The Key Issues Explored

Introduction

Charities make a significant contribution to the life of the nation as they deliver vital programmes, resources and services, both at a local and national level.

In order to deliver its contribution many charities need premises. Whether they rent, lease, share occupancy or purchase, wise decisions in the best interest of each charity need to be made. Often these property decisions are the most significant that a charity makes. The implications of getting them wrong can be far reaching and costly.

This virtual classroom seminar will explore the topic in detail including the legal requirements on trustees, the tax implications, planning obligations, and financial dealings involved in property transactions.

What You Will Learn

This live and interactive course will cover the following:

• How to select the right vehicle to hold property
• The legal obligations on dealing with charity property
• Ways to resolve defective title and ownership issues
• How to understand and comply with the planning rules
• All you need to know about leases and licences
• The tax reliefs and how not to lose them
• Options to finance property transactions
• The implications of the new Designated Advisor Report
• How to safeguard a Charites property in a redevelopment project
• The danger of short term lets on empty commercial premises
• How not to lose Rating Relief on a property
• The provisions for dealings with a Connected Person
• How to deal with property gifted to a charity
• The dangers involved in purchasing property at auction
• The lessons to be learned from recent cases

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.