Download The Property Handbook - Presbyterian Church of ...
Download The Property Handbook - Presbyterian Church of ...
Download The Property Handbook - Presbyterian Church of ...
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PAGE ›› 15<br />
THE PROPERTY HANDBOOK<br />
CHECKLIST FOR ROUTINE<br />
PROPERTY PURCHASES<br />
Note: Keep copies <strong>of</strong> everything for your parish records<br />
p Approval ‘in principle’ by church council.<br />
p Agreement ‘in principle’ by congregation.<br />
p Working party authorised to proceed.<br />
p Congregation mission plan prepared, together with statements relating property<br />
purchase to the mission.<br />
p Application prepared for presbytery/UDC and <strong>Church</strong> <strong>Property</strong> Trustees.<br />
p Criteria checklist prepared, against which to measure potential properties. (This<br />
section <strong>of</strong> the handbook has suggestions. Add to this any other factors special to<br />
your situation.)<br />
p Will you need to borrow money? If so, congregation, presbytery/UDC and the<br />
Trustees all need to give formal approval.<br />
p Engage a registered valuer to provide a market value report on your preferred<br />
property.<br />
p If your preferred property is for sale by tender, be prepared to act quickly to meet<br />
tender deadline.<br />
p Negotiate and settle purchase price.<br />
p Unless you already have confirmed approval from the Trustees, enter into a<br />
conditional agreement for sale and purchase, in consultation with parish solicitor<br />
(see specifications in this section).<br />
p Alert the <strong>Church</strong> <strong>Property</strong> Trustees.<br />
p Unless a small group has delegated authority (preferable), you may need to place a<br />
proposal before congregation, to gain final approval. Ensure the details are recorded<br />
at each stage.<br />
p If not already done, complete an ‘application to purchase’ form (request a printed<br />
or emailed copy from the Trustees’ <strong>of</strong>fice), and forward it together with all other<br />
required documents to the presbytery/UDC. (Presbytery will complete its section<br />
and forward everything to the <strong>Church</strong> <strong>Property</strong> Trustees.)<br />
p Before settlement day, remember to ask the PCANZ insurance administrator to add<br />
the new property to your parish’s property schedule.