CHARITYÂ
PROPERTY
Real estate is a key asset for charities, serving operational, fundraising and/or investment purposes. It also represents a risk factor for charities. The most recent EPF Charity Matters Survey demonstrates the risk level continues to increase due to the Covid-19 pandemic, brexit, reduced income and recent landmark cases surrounding property disposals for charities.
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Examples of work undertaken by Davitt Jones Bould lawyers
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Advised a famous London charity on all of their real estate requirements.
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Helped a charity generate income through hosting events and using gifted properties in accordance with their statutory duties.
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Planning advice to a number of housing charities, including the Peabody Trust about affordable housing schemes and negotiation of s.106 agreements.
Davitt Jones Bould specialists
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Legal issues that may arise
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The need to meet your obligations under the Charities Act 2011.
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Non-standard property transactions that require consent from the Charity Commission.
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Negotiation and completion of leases for offices, retail spaces or other operational premises.
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Acquisitions of properties for your investment fund.
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Disposal of premises, complying with the Charity Act 2011
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Complex charity 'hive-offs'.
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Full property portfolio management.
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Sub-leases of premises
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Management of investment or gifted portfolios to maximise yields.
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THIRD SECTOR NEWS
Important: ​Did you know that as a charity or other third sector organisation, you are entitled to use the Crown Commercial Service (CCS) RM3788 Wider Public Sector Panel for your legal services? This will save you substantial time and cost as you seek 'best value' legal advice. CCS will provide you with everything you need - from template tender documents, direct award options, competitive legal fees and added value solutions. For more information, please contact Madeleine Davitt (Senior Partner) via phone (020 3026 8295) or email (madeleine.davitt@djblaw.co.uk).