Parishes proposing to let or sell any residential property should contact Michael Lewis in the Residential Property Department.
To comply with this Act, any disposal (sale or letting) must be at full market value unless the charitable objects of the proposed user can be deemed to be in parallel with the charitable objects of the parish.
Market value must normally be evidenced by a valuation report from an accredited surveyor, who must normally certify that the property has been placed on the open market.
It is usually recommended that, where appropriate, lettings are contracted out of the 'security of tenure' sections of this Act. The main purpose of this exclusion is to ensure that a tenant does not obtain a right of occupation when the agreed term of the letting has ended.
