When charities can sell or lease land and property for less than market rate.
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Charity land and property must normally be sold or leased for the best price available, often the market rate. If not, the Charity Commission usually has to authorise the disposal.
This guidance covers situations when trustees can dispose of charity land for less than the best price available without the commission being involved. These are mainly where land is being sold or leased to:
- another charity
- a beneficiary of the charity as part of the charity’s work