Charities & Leases - The Legal Issues Explored

Introduction

The taking or granting of a lease is often one of the most significant transactions that a charity makes. The effect of getting it wrong can be far reaching, and costly with a potential sting in the tail. A good understanding of the right steps to take is essential.

This virtual classroom seminar will explore these issues.

What You Will Learn

This live and interactive course will cover the following:

• Ways for a charity to hold a lease
• The planning implications and limitations
• The Charity Act requirements for in a lease
• The SDLT, VAT and Business Rate implications and reliefs
• Steps to reduce the charity’s liability in a lease
• Why personal guarantees are unwise for a charity or its trustees to give
• All about dilapidations
• The dangers of licences, informal lettings and sharing of occupation
• How to exit a lease
• The requirements on a charity acting as landlord
• The dangers of renting property owned by a trustee

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.