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Charities play an indispensable role in supporting society’s most vulnerable, yet managing the legal requirements surrounding property transactions can be complex and time-consuming. Harriet Thornton, Head of Real Estate at LCF Law, offers insights on how charities can meet these regulatory challenges efficiently, enabling them to focus on their mission.
The Charities Act requires that trustees ensure all actions related to property dealings are aligned with their charity’s objectives and in its best interests. For many smaller charities lacking in-house legal resources, understanding and meeting these compliance requirements can feel overwhelming. Properly managing these obligations is essential for charities to operate smoothly, avoid legal pitfalls and maximise the potential of their property assets.
Harriet says: