Course description
The first time a charity takes on property it will generally be a lease. Commercial property terminology is often very new and daunting for charity tenants, and it is important to understand this when negotiating, as well as the technical legal issues that need to be taken into account. COVID-19 has brought these issues into even sharper focus.
Presented by Andrew Small, a partner in the charity team at Russell Cooke LLP who specialises in property, this virtual classroom seminar will explore these issues using a number of case studies. Topics discussed will include legal forms for charities and what it means for them taking a lease, whether charity law requires things to be done differently, and why personal guarantees shouldn’t be used. VAT, SDLT and business rates will also be explored, along with ways of limiting liability, and exiting a lease and sharing occupation.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
The first time a charity takes on property it will generally be a lease. Commercial property issues and terminology are often very new and daunting for charity tenants, and it is important to understand this when negotiating, as well as the technical legal issues for charities taking leases that need to be taken into account. The effect of COVID-19 on how charities are viewing their property requirements into the future has brought these issues into even sharper focus.
This virtual classroom seminar will explore these issues using a number of case studies.
What You Will Learn
This live session will cover the following:
- Legal forms for charities and what it means for them taking a lease
- Does charity law require things to be done differently when taking a lease?
- Personal guarantees - why they shouldn’t be used for charities
- VAT, SDLT and business rates - the issues for charities and how that impacts negotiation
- Ways of limiting a charity’s liability under a lease
- Exiting a lease and sharing occupation - key priorities for charities
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...