Download Sale & Lease-back Booklet
Who to consult? 
- Communication with your Synod office is recommended to ensure compliance with any policy requirements.
- Connect with real estate professionals: assess property value, market conditions, and potential buyers; also an appraiser to provide a professional valuation.
- Legal: review sale agreements, lease terms, and protect congregation’s interests.
- Financial/tax: to understand tax implications, charitable considerations, and financial planning; as well as investment consultant, such as Charitus, if proceeds will be invested for future sustainability.
- Developers and potential buyers: if the property has redevelopment potential, engaging with developers early can provide insight into possible uses and value.
Steps to take
- Feasibility study & needs assessment
- Property valuation-get appraisal to determine Fair Market Value
- Identify buyers who are open to a leaseback arrangement
- Secure approvals; review zoning regulations and restrictions
- Consider how the congregation’s ministry will be sustained in a leased space
- Communicate, communicate, communicate! Keep congregation informed and engaged.
Download Sale & Lease-back Booklet
To learn more about how Charitus can support your congregation, or connect with a someone who has participated in a Sale & Lease-back transition, contact us at info@charitus.ca or 1.888.308.9461.