Download The Property Handbook - Presbyterian Church of ...
Download The Property Handbook - Presbyterian Church of ...
Download The Property Handbook - Presbyterian Church of ...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
PAGE ›› 27<br />
THE PROPERTY HANDBOOK<br />
Leasing property<br />
Leases are involved when a congregation:<br />
• needs to rent additional property for its use<br />
• decides to lease out a property, or part <strong>of</strong> it, for income.<br />
First step<br />
How will this lease fit the mission <strong>of</strong> the congregation?<br />
This is especially important for a lease <strong>of</strong> over one year.<br />
Before you enter into either kind <strong>of</strong> lease you must have approval from<br />
• <strong>Church</strong> council.<br />
• Congregation (if the lease is for more than one year).<br />
• Presbytery/UDC.<br />
• <strong>Church</strong> <strong>Property</strong> Trustees.<br />
Note: Renewals <strong>of</strong> leases require the same approvals as the original lease. Allow time<br />
for these to be obtained.<br />
Application forms are available from the Trustees’ Office. Email trustees@presbyterian.<br />
org.nz or call the Secretary on 04 381 8290.<br />
Legal points<br />
Any lease document must be in writing and prepared (or approved) by your parish solicitor.<br />
<strong>The</strong> lease must include:<br />
• <strong>The</strong> Trustees as lessee (if you are renting additional property) or lessor (if you are<br />
receiving money for renting out your existing property)<br />
• <strong>The</strong> legal description <strong>of</strong> the property<br />
• <strong>The</strong> time-length <strong>of</strong> the lease<br />
• <strong>The</strong> amount <strong>of</strong> the rental<br />
SECTION 05<br />
• Any renewal rights and obligations<br />
• A clause limiting liability <strong>of</strong> the <strong>Church</strong> <strong>Property</strong> Trustees to the property being<br />
leased. (See next page.)